Housing cost shock: Rents in Spain rise four times faster than wages

64
Housing cost shock: Rents in Spain rise four times faster than wages
Image AI

Rental prices in Spain have shown an alarming trend since 2021: they have increased almost four times faster than wages. While average salaries grew by 7.4% from 2021 to 2024, rental prices skyrocketed by a staggering 29.4% over the same period. This worrying discrepancy, highlighted in a recent study by the Fotocasa Real Estate Index and the InfoJobs platform, is increasingly burdening households in Spain.

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here