Spanish election: How bad is the housing crisis?
Your 5-chart guide to the problem that could bring down the Spanish government.
Spain is on the brink of a general strike just weeks before a snap election, with the housing crisis at the forefront of both the protest and vote. The cost of homes has skyrocketed, with house prices doubling since 2015, while salaries have only increased by 30%. This has led to a generation gap, as young people are among the most affected, with 67% of those aged 18-34 still living with their parents.
The government has pledged to provide 184,000 public and affordable rental homes, but progress has been slow. The housing crisis is not unique to Spain, as rising rents and home prices across Europe are causing discontent and are likely to be a key issue in upcoming elections.
Written by urgent.news from Politico EU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
