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They denounce the eviction of five people for a vulture fund and call for a fight in the San Francisco neighborhood

  • AZET, Housing Union of the Casco Viejo de Bilbao, announced on Monday that the vulture fund Global Pantelaria evicted five people in the San Francisco neighborhood. On Tuesday they appeared in the neighborhood and, in addition to pointing out those responsible, they have called the neighbors to the struggle and the organization.
Argazkia: AZET

01 June 2022 - 09:51
Last updated: 10:52

The Housing Union of the Casco Viejo de Bilbao, AZET, reported on Monday that a fund has evicted five people in the San Francisco bilbaíno district. Consequently, the property has become the property of Global Pantelaria, a fund owned by the real estate agency Cerberus and the bank of Santander.

Summoned by AZET and war to the Carroceros! Under the motto, they appear on Tuesday afternoon in front of the housing acquired by the vulture fund. The reading begins by denouncing the speculation that the city is suffering, and in particular the district of San Francisco, where the class problem is usually crossed with racism and xenophobia, as shown by the phenomenon of heavy kicks or institutional racism. Remember that a few weeks ago the same vulture fund made a new dismissal in the adjoining block and that this week they will release a new tourist housing in another nearby building. "Not to mention that less than a month ago two homeless people died on the street."

They emphasize that San Francisco has gone from being a marginal and marginalized neighborhood to being a center of interest for speculative capital, pointing out to those responsible: vulture funds and banks on the one hand, and the tourism industry on the other. The former, because they allocate large capitals to the neighborhood, because they see in it the possibility of accumulating benefits easily "increasing the rent prices for these new "class comforts". And the second, because more and more owners drive the transfer of their property to the tourism industry, because it offers greater benefits than the rental market, to the detriment of the community and the living neighborhood.

Call to the organization

However, through Tuesday’s hearing, the members of the housing union have denounced the dismissal of the house from taking on and have wanted to go beyond pointing out those responsible: they have appealed to the San Francisco neighborhood to organize and fight.

"The only problem for all these scavengers to keep filling their pockets without any limitation is us. Poor. Working-class neighbors. Those of us who refuse to flee from our neighborhoods and homes," they say. Thus, they have called on people who are being abused by the owner to approach the union. "They take us out of our homes, they want us out of our neighborhoods and they let us die in the street. In this context, fighting is not just a moral obligation. Organizing is a vital need."


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