Spain's Housing Prices Hold Back Young People's Independence Despite Job Market Improvement
11 Articles
11 Articles
Over the past two decades, housing has eaten up the budget of households headed by young people between 16 and 29 years of age, forcing cuts in spending on other items.
Leasing gains ground due to loss of purchasing power and mortgage credit in young people.
On Wednesday, August 12, the International Youth Day is commemorated, an event that shares the role of the total eclipse of the Sun, the first visible in the Iberian Peninsula since 1912. At the heart of this astronomical phenomenon, trade union representatives and private entities have raised their voices so that the needs and demands of this collective do not remain "eclipsed". In Spain there are more than 5.3 million people between 20 and 29 …
The municipal Infobarometer points out that 30% of the economy prevents them from emancipating themselves, that 24% assume that domestic tasks are performed by women and that they rely mainly on the forces and bodies of the State and the judiciary.
The improvement of youth employment in Castilla-La Mancha does not translate into emancipation. CCOO Castilla-La Mancha presented a report on Wednesday on the occasion of the International Youth Day that confirms a growing paradox: more young people work, but housing makes it impossible for them to become independent. The union figures the problem: a young person must allocate 44.17% of his salary to the rent of an apartment of 60 square meters,…
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