Build more, build now
The housing deficit, estimated at 750,000, requires accelerating construction without repeating the mistakes of the bubble.
Spain is facing a housing shortage, with the Banco de España estimating a current deficit of 750,000 homes, which is likely to reach 1 million. The issue persists because the number of new households being formed annually, due to factors such as immigration, divorces, and young people moving out, consistently exceeds the number of new homes being built. This imbalance has been ongoing for some time. The Banco de España has highlighted this problem.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
