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Working Is No Longer Enough: the Price of Housing Pushes 770,000 More People Into Poverty and Is Now Almost Three Million

Summary by La Razón
The poverty rate among employed persons is 15.5 per cent after discounting residential expenditure, an increase of 4 per cent

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The poverty rate among employed persons is 15.5 per cent after discounting residential expenditure, an increase of 4 per cent

·Madrid, Spain
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From Milan to Lisbon, the carro-rent eats wages and drives workers away from the cities. According to Eurostat, almost one out of every ten urban inhabitants in the EU spends at least 40% of their household income. The housing crisis feeds protests in Spain and Portugal

·Bologna, Italy
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An Oxfam Intermón report estimates that housing spending pushes 770,000 more workers into poverty in Spain: one in three tenants at market prices falls below the threshold.

The cost of housing pushes 770,000 additional workers below the poverty line in Spain and raises the total to about three million, according to Oxfam Intermón’s report ‘When to work is not enough: the impact of housing costs on poverty at work’. The study points out that [...] The entry Housing pushes 770,000 more workers into poverty in Spain, up to almost 3 million, according to Oxfam first appears in Forbes Spain.

Oxfam numbers 770,000 workers under the poverty line after paying rent or mortgage. 34.08 % of tenants versus 10.22 % (20 Oct 2026)

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euribor.com.es broke the news on Tuesday, October 20, 2026.
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