3 ms·
Yes. In Spain buying is almost impossible unless it's a couple and both have been saving for a decade. Renting is no different. Prices increase around 20% in
by Darmody 3y ago
Yes.
In Spain buying is almost impossible unless it's a couple and both have been saving for a decade.
Renting is no different. Prices increase around 20% in my city every year. People used to share in their early twenties but now they are forced to do it in their thirties too. I even know people in their 40s who have to move back with their parents after a breakup because with their salaries they can't afford to rent alone. Rent control is also making things worse.
- roland35 3y agoThat's interesting, I recently saw a map which showed that Spain in particular has a larger percentage of young adults living with parents: https://www.pewresearch.org/short-reads/2023/05/03/in-the-u-s-and-abroad-more-young-adults-are-living-with-their-parents/ https://www.pewresearch.org/short-reads/2023/05/03/in-the-u-...
- nextos 3y agoHaving lived recently in Denmark, UK, and Spain, I think these 3 and most other EU countries are experiencing the same issue. Well-paid jobs are concentrated in a few regions where real estate prices have skyrocketed. It sucks big time. You may struggle to rent or buy small properties even with a highly-paid IT job.
- Darmody 3y agoI have an IT job and there's no way I'm able to buy anything. It's just impossible.