Most mortgages in Spain have a variable rate linked to the Euribor.
This means that, as rates go up, more and more families struggle to pay their mortgages.
Latest tally puts almost 800,000 homes 90 days past due.
Sadly, very few realize that part of the reason why they are in this situation is the shitcoinery of the ECB.
For reference, the population is 43 million people so 800,000 homes is a sizable chunk of the Spanish real estate market.
https://www.elmundo.es/economia/actualidad-economica/2023/10/29/653a5ecde85eceff658b456e.html