The story of Juanjo Hernández is the story of the real estate crisis. This 56-year-old resident of Ciudad Meridiana—the poorest neighborhood in Barcelona—has experienced every chapter of the housing drama firsthand: the rising prices of the bubble, buying an apartment at the worst possible time, the outbreak of the housing crisis in 2008, the skyrocketing Euribor that made vulture funds more expensive, and now, the rental crisis. And it's no coincidence, nor is it bad luck. Since the real estate crisis of 2008, this peripheral neighborhood of Barcelona is called by the nickname of Villa Deshaucio.