The Family Savings Observatory of the ‘Fundación Mutualidad de la Abogacía’ and the Fundación IE of the IE University has carried out a study into the resilience of Spanish households during the current health crisis. The most important conclusion that they have reached is that 8 out of 10 households that do not own any real estate have faced a financial situation below the subsistence threshold.
Moreover, this phenomenon facing families that do not own properties is also occurring in families that do own properties but at a lower percentage. In that case, 6 out of 10 families have faced the situation.
Read the full article in Spanish.