The OECD points to Madrid as one of the cities with the greatest imbalance between population and residential supply.
The organization places Lisbon and the Spanish capital among the most strained markets and questions whether mobilizing empty homes is enough to solve the crisis.
The OECD reports that Madrid is among the cities with the most extreme housing access issues. The city's housing construction is lagging behind population growth, contributing to a surge in prices and accessibility problems. According to the OECD, housing prices in central Madrid are 25% higher than in the metropolitan area. Madrid and Lisbon are cited as examples of this trend in the developed world, where housing supply is struggling to keep up with demand.
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.
