When the Madrid building where Jaime Oteyza had lived since 2012 was sold to an investment fund two years ago, a local tenants’ union swiftly warned him what to expect.
First the tenants would be told that none of their rental contracts – regardless of their expiry date – would be renewed, the union said. Then, as the 50 or so families in the building grappled with what to do next, a series of construction projects would probably be launched in the building to ramp up pressure on them to leave.
