Spain seeks to ban ‘vulture funds’ from housing market

Spain's government is pushing to ban "vulture funds" from the housing market in response to widespread public outrage following the eviction of an 87-year-old woman by a corporate landlord. The incident highlighted the aggressive practices of these funds, which buy up properties to flip for profit, often causing distress to residents. This move signifies a broader effort to protect vulnerable homeowners and ensure that housing serves as a place of residence rather than speculative investment. The proposed ban aims to restore trust in the housing market and prevent similar distressing evictions in the future.