The real estate market has become a dead end. The prices of purchase and rent and an increasingly scarce offer are restricting access to housing for more and more citizens, who do not have enough savings to embark on a mortgage or that the bulk of their salary would eat. This gloomy panorama is backed by both the data and the pessimistic feeling of society: almost half of the Spaniards, 48.2%, perceive that there are now fewer people in their close environment with the capacity to acquire a home compared to six months ago; Only 10.3% believe there is more, according to the second edition of Fifodies and the country.
It affects all social classes, ages and working conditions, although the intensity of the restlessness varies depending on the population segment. The elderly, for example, have an even more hopeless look than young people. Only 5.6% of respondents over 60 years old ( boomersborn between 1946 and 1964, and the previous generation, the silent one) feels that in their social circle the number of people with sufficient resources has increased to buy a house, compared to 21.7% of the young people of generation Z, between 18 and 28 years. The percentage is 8.6% in the case of generation X, born between 1965 and 1980, and 14.6% for millennialsbetween 29 and 44 years.
This snapshot can be contradictory, since it does not coincide with the data on real estate wealth that feed the debate – even more present – about: 80% of those over 65 have a property, according to the last Family Financial Survey of the Bank of Spain. However, the paradox is only apparent, because the perspective of society over the economic environment, even more when it comes to great magnitudes, more feeds of sensations, memories and past experiences than of statistics and factual data.
Under this premise, they have less to lose, a life to build and are less contaminated by the past. Even so, up to 41.5% of the Z generation – born between 1997 and 2012 – states that there are now fewer people in their circle with the possibility of buying a home that six months ago.
The photo is similar if you look from a socioeconomic angle: 12.4% of respondents belonging to the upper and medium-high class consider that people with the capacity to acquire a property with respect to the previous semester have increased in their circle. The percentage is 8.2% in the case of the middle class and 9.4% for decline. However, when looking at the back of the currency – how many they consider that the number has dropped – the figure exceeds 40% in all social strata. Also, although there is some more optimism in large cities (11.3%) than in large villages (9.4%), the negative vision exceeds 44%in all locations.
The data is not for less. And it has reached a historical maximum in 2024, with 2,086 euros per square meter, according to the College of Registrars. Last year there was also the largest number of sale since 2007, only surpassed by the 2022 brand, when the demand exploded after months and months of forced containment by the pandemic.
Spain also stands out in the international comparison: last year, 11.4%. This course has also started strongly, without giving cooling signs. , an increase that more than duplicates the average of the euro zone (5.4%).
It aims to capture the mood of citizenship about their economic situation. It is based on 6,000 quarterly interviews – this edition refers to the period from April to June – focused on five areas: consumption, savings, investment, unemployment and housing. The interviewees are asked, with respect to the first three areas, if they will acquire more or less products and services in the six months; In the case of the two second variables, how they perceive the evolution of unemployment and access to housing in their environment with respect to the previous semester.
Each dimension is assigned a score from 0 to 100, where zero reflects a totally pessimistic perception and one hundred an optimistic. The house obtains the lowest note: 31 points, which indicates a moderate pessimism – arago that goes from 30 to 45 points -, to the border with the fort – from 30 down. Only the labor market moves in the same scale, although with a higher rating (42.9). All other areas move in a stable expectation, as well as the thermometer as a whole: the 5D Economic Climate IndexResult of grouping and weighing the five dimensions, reached 46.3 points between April and June. A qualification that indicates prudence, but that
