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Spain needs a million rental homes to cover the deficit of affordable apartments

12/05/2021

Access to housing is a problem that has been experienced in recent years, due to the growth in its price that has made it inaccessible for a significant part of the population, according to studies carried out, it says that there is a deficit of affordable housing to meet the demand , especially in more populated cities, speaks that they need an expense of more than 40% of their income to cover rent and that it takes at least 7 years of salary to acquire a home, the current situation on the increase in unemployment and falls in Income will affect much more those people, especially young people looking to access their first home, according to the calculations of an analyst, they estimate that around a million homes are necessary in an intermediate scenario

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