4 Nov, 2016 @ 12:51
1 min read

Pablo Iglesias defends Podemos senator who ‘got lucky’ when he made €20,000 on sale of subsidised home

Pablo Iglesias EFE e
Pablo Iglesias

PABLO IGLESIAS EN FORO DE EL MUNDOPODEMOS leader Pablo Iglesias has insisted it was a matter of ‘good luck’ that a fellow party member made €20,000 profit on the sale of a subsidised home in 2010.

News of the sale has caused public fury as Ramón Espinar, who was not a Podemos senator at the time, has been an outspoken critic of speculating on public housing.

Espinar admitted that he bought the home in Alcobendas, north of Madrid, and resold it just months after signing the title deed, earning him profits of around €20,000 after tax.

Ramon Espinar
Ramon Espinar

But Pablo Iglesias said that Espinar simply got lucky when the price of public housing increased between 2007 – when he made his first down payment on the apartment – and 2011.

Official government sources have also confirmed that Espinar failed to sign up to the Young Housing Program, which is a requirement for people wishing to apply for a subsidised home.

Podemos leaders have closed ranks around Espinar, playing down the sale and claiming the news frenzy is part of a media conspiracy.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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