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Large landlords raise rent almost twice as much as small landlords with a single flat

Owners of five or more homes increased the rent by an average of 13.5% between 2019 and 2023, compared to 7% for single landlords, according to a study by Esade.

Translated from Spanish Read in Spanish

Large landlords raise rent almost twice as much as small landlords with a single flat

In Spain, a study by EsadeEcPol found that between 2019 and 2023, landlords with five or more rental properties increased their rents by 13.5% on average. This is almost double the 7.2% increase recorded by small landlords with only one property. The analysis examined data from over 780,000 rentals declared by individuals in Spain. The study used data from the tax authority, Hacienda.

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.

Read the original at elpais.com →

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