00:00Europe very much bracing for a snap surprise election in Spain. Spain, another country
00:06with a housing crisis, huge protests about this issue. But of course, you've had a left-wing
00:14government who have allowed over a million illegal migrants to apply to be able to stay
00:20in the country. Of course, that's going to act as a massive pull factor. And also,
00:25you know, this is glossed over time and time again. Spain's population, as we've seen in the UK,
00:30is surging. And it's surging because of a mass migration policy. You can see Spain's population
00:36has grown about 14% in 20 years. Of course, that means there's going to be absolutely huge pressure
00:44on housing. Unless you've built 14% more housing in that same time period, naturally, supply and
00:51demand, you're going to see greater pressures, far greater pressures on housing. What we do know,
00:57in terms of the left-wing Spanish government, the Spanish socialists led by Petro Sanchez,
01:03time and time again recently, they've been absolutely battered in elections. And we've
01:07seen potentially the end of this government because Sanchez was trying to bring in emergency housing
01:14decrees that fell. They were rejected by Spanish politicians in this crucial vote. And what now
01:21looks like it could happen is he could be forced into calling a snap election, potentially next month
01:29by the end of November, because this is a government really, it seems, on its absolute last legs now.
01:38As I said, they've been smashed at pretty much every recent election across Spain. And now you can see
01:45the current state of play in terms of the People's Party, the Conservatives on 34%, the Vox Party on the
01:53right on 18%. And you could now be heading for a snap election and a right-wing government in Spain.
02:00As ever though, guys, I will keep bringing you all the latest on this and much more. So please
02:06as ever. Cheers for watching.
