Currently, young people have difficulties buying a home. Without a decrease in price or aid for this group, it will be difficult to change the situation. On the other hand, a series of changes are happening in society that are making young people see renting as an option that is more in line with their current situation of employment instability.

According to some estimations, Spain will need between 120,000 and 150,000 new homes every year until 2030 to face the demand forecast. But, in order to sell all this housing, prices will have to be lowered. It is believed that the demand forecast will sustain the migratory movement because it is very difficult for young people to purchase a new home due to elevated prices.

The forecast of the association of property developers and construction companies on the increase in the price of new housing for 2019 is between 3.5% and 5%. This means a decrease in comparison to previous years – the most significant growth was in 2007, with 33% more than in 2019 – but it continues to be a constraining factor among young people.

In Spain, there are seven million young people at the age to leave their parents’ home. This makes it the sixth country in Europe, starting at the bottom, in emancipation of young people. The majority do so at the age of 29 or 30.
In order to try and unblock this situation, the association has contacted different administrations, the housing council of Congress, the autonomous communities and the city halls with a series of proposals oriented towards facilitating the purchase of homes for young people.


Some of these proposals are:

• Establish a secure, stable and guarantor legal framework.
• Fiscal benefits.
• Formulas for publicprivate production.

There are different initiatives in other countries. In the United Kingdom, there is Help to buy, a program that allows one to buy a home with 95% financing or in France where they offer 0% loans to purchase a home.
The access to credit is one of the most important handicaps that young people face when buying a home.
Added to the difficulty of getting credit is that young people have acquired other habits for their homes, such as sharing or renting. There is also the fact that young people are more used to pay-per-use, creating another reason for this change of tendency.

There are diverse reasons for not buying, but the mobility caused by employment instability is the main reason why most people decide to rent rather than purchase a home.