Spanish Housing Crisis: Rent Burden and Room Sharing Increase
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Insights by Echo AI
In Spain, families spend an average of 39% of their income on rent, with buying a home requiring only 29%. The housing crisis is pushing Spaniards to share flats and rent rooms, with demand for this type of accommodation increasing by 12%. The average price of renting a room has risen by 1% to 425 euros per month, with Barcelona having the highest rents at 600 euros. The number of people interested in each room has also increased by 12%.
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