Housing Prices Soar as Ceuta Crisis Engulfs Parliament
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The political landscape is dominated by the escalating Ceuta crisis, which has now moved to the forefront of the parliamentary agenda. President Pedro Sánchez has returned from vacation to confront the situation, with numerous government ministers slated to appear before Congress to discuss the crisis. The opposition, led by Alberto Núñez Feijóo, is intensifying its pressure on the government, proposing measures such as the confinement of migrants with contagious diseases, while new challenges emerge regarding asylum requests and unspent health funds in the autonomous cities.
In significant economic news, housing prices across the nation have doubled over the past 12 years, marking 48 consecutive quarters of increases and surpassing previous bubble peaks in many regions. This surge is also reflected in Valencia, where speculative investment is reportedly transforming subsidized housing into speculative assets.
Meanwhile, former President of the Government, José Luis Rodríguez Zapatero, is facing judicial scrutiny and reportedly losing credibility due to his silence in a probe concerning the origin of jewels. Elsewhere, Spanish courts have rejected an appeal from former judge Baltasar Garzón regarding his past conviction, and a new warning has been issued about the inevitability of a major earthquake in the country.