Eliminating the deficit of 750,000 homes estimated by the Bank of Spain requires an investment equivalent to 11% of GDP
Madrid and Barcelona concentrate 42% of the 189,680 million, in private and public capital, that it would cost to build the missing homes.
The construction of 750,000 homes, as estimated by the Banco de España, is expected to require significant resources. According to Atlas Real Estate Analytics, the cost would be between 189,680 million euros and 236,000 million euros. These figures represent 11.2% to 14% of Spain's projected 2025 GDP. The estimates are based on land and construction prices by province.
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.
