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The crisis inflates the room rental bubble

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Living on rent in Spain is becoming more and more like a plan of pizza and colleagues at home: at first, it seems that there will be something for everyone, but people keep signing up and, in the end, there is no choice but to share. "Before, people lived with their parents until they got married, or the salary they earned allowed them to buy. But life has changed: today there is a lack of rental apartments , and demand is higher than usual," diagnoses Gonzalo Bernardos, Professor and director of the Real Estate Master's Degree at the University of Barcelona. The rental market today receives a wave of potential tenants, including students, tourists and business travelers, young and not so young who cannot afford to buy. But what happens when the supply of apartments does not grow at the pace of demand? First of all, the price skyrockets . Between 2014 and 2019, rents rose by 50% in Spain (and even more in Madrid and Barcelona), according to data from the Bank of Spain, and have continued to rise since then.

The second thing is that, if you are a tenant, it's time to share . " In 2023, the star product will be room rentals. People will not be able to rent apartments and will start looking for rooms," Bernardos predicted, in the presentation of the Forcadell housing report Jamaica Mobile Number List with the University of Barcelona. No, no matter how much you look for an anglicism to give it a new touch, sharing a flat (or coliving ) is already widely seen. What is new is that, in the coming months, there could be a boom in people looking for shared rentals. The price crisis has been opening a hole in the pockets of households : life is more expensive, rents continue to rise, but salaries do not keep pace, to the point that there are people for whom the only alternative is to share. This postcard is worse in the case of young people, laments María Matos, Director of Studies and spokesperson for Fotocasa: " Young people live on rent out of obligation , because they cannot buy a home.


In 2020, the demand for shared apartments fell drastically and recovery began in 2021 due to the return to normality. "This 2022, in our figures we see that activity has increased by 6% compared to the same period last year," confirms Ferran Font, director of Estudio des piso.com. It is no longer necessary to lose your job to not make ends meet: the new crisis will be for the 'middle class' Inflation crisis in households "Something small on the outskirts was enough for me, but I haven't gotten it" This is the case of Laura, who until a few months ago lived with her partner. "When I left the relationship, I considered looking for an apartment alone. I said: I'm almost 30 years old and have a permanent contract; it's time to become independent . Something small on the outskirts, on the M-40, was enough for me, but I haven't gotten it.


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