Managed Implementation

The most likely path is that Spain keeps the eviction ban in force but adds compensation, mediation and procedural filters to prevent a collapse in rental-market confidence. The PSOE-Sumar government has already extended rent protections through 2028, so a negotiated administrative rollout is more likely than an immediate reversal.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.