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Spanish Woman Jumps to Her Death as Eviction Looms

published by Tom Sullivan on Sat, 2012-11-10 14:09

A woman in Spain jumped to her death as bailiffs approached to evict her Friday from her fourth-floor apartment for failing to pay the mortgage, officials said.

It was the second apparent suicide linked to evictions, and it further illustrates the dire conditions many Spaniards find themselves in as the country's economy sinks. The government recently created a task force to study how to reduce evictions because of the devastating personal impact of repossessions due to tough Spanish mortgage rules and growing unease among the public on the subject.

The unnamed 53-year-old woman threw herself from her balcony in a suburb of the northern Spanish city of Bilbao, the regional Interior Ministry said. She worked at a local bus depot, was married to a former town councilor and had a 21-year-old daughter.

Source and full story: ABC News/AP, 9 Nov 2012

Tags: 
SPAIN
AUSTERITY
POVERTY
SUICIDE
BANKING

Comments

Submitted by Heydrich on Sun, 2012-11-11 00:31.

Incredibly, the European Commission insists that the reason why austerity has been a disaster, causing suicides etc, is that the austerity has not been harsh enough.

If a home owner in Spain cannot make the agreed mortgage payments — through unemployment or low income — then he or she can get evicted but also remain liable to repay whatever value is left on the mortgage after the repossession.

That’s called a deficiency judgment.
Some states in the USA allow it too. 

Since the 2008 property crash, more than 350,000 people have been caught in this trap. There are another 500 evictions a day, according to government figures.

But with no jobs, how can they continue to pay the bankers?

I thought American society was savage. Spain seems even worse.

Fortunately for the thieves (bankers and politicians) if anyone questions their theft (e.g. the Golden Dawn, or Nazi Germany), the rest of the world condemns and attacks them.

Submitted by Fester on Sun, 2012-11-11 01:14.

Ooooooooooooh, those Money Junkies!  I'm pretty sure the Jesuits are behind them.  I know the Chinese control "the Corporate Media" with the Globalists holding the franchise on "US foreign policy."

Submitted by Tom Sullivan on Sun, 2012-11-11 08:59.

Your sarcasm is duly noted.

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