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Economy · International

'Having money is not enough': Why a job no longer guarantees access to housing in Spain

Outlet: Euronews · Published 26/10/2026 06:00 UTC

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House prices rose 84.6% between 2015 and 2025, against 27.85% for average wages. Lack of affordable housing, rent burdens and saving difficulties deepen the crisis as experts call for structural reform.

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Cited data

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«According to data from the National Statistics Institute (INE), housing prices rose by 84.6% between 2015 and 2025, while average annual gross wages increased by 27.85% between 2015 and 2024, reaching 29,540 euros.»
euros 30 — Euronews, 26/10/2026 06:00 UTC
«"The longer it takes to save up the deposit, the more years you continue paying rent." With an average home price of around 200,000 euros, a buyer needs approximately 60,000 euros to cover the deposit and the costs asso…»
euros 200euros 60 — Euronews, 26/10/2026 06:00 UTC
«"We cannot continue for much longer with a situation in which it is practically impossible for the vast majority of workers in our country – with the wages we have – to access housing, whether to rent or to buy." Both u…»
euros 1 — Euronews, 26/10/2026 06:00 UTC

Capture record

Source
https://www.euronews.com/2026/10/26/having-money-is-not-enough-why-a-job-no-longer-guarantees-decent-housing-in-spain
Published
26/10/2026 06:00 UTC
Captured
26/10/2026 06:09 UTC
Text fingerprint
c1bd83c57fac52cd · 1407 words
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