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economic crisis

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More than half a million Spanish families to lose homes by 2015

IN BRIEF / SPAIN Rising unemployment and economic crisis will see more than 510,000 Spanish families lose their homes via foreclosure proceedings. These are the findings of the Association of People Affected by Foreclosure and Auctions (Asociación de Afectados por Embargos y Subastas – AFES) which looked at the impact of mortgage default in the … Continue reading

Italy: home evictions on the increase

AUSTERITY ITALY More and more Italians are losing their homes, with evictions reaching almost 30,000 in 2010, up from just over 21,614 in 2000. in total 260,000 were forced out of their homes over the 10 year period, according to Mario Marazziti of the Comunita’ di Sant’Egidio, a charity.

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