In Spain, there is a growing imbalance between rental needs and the available supply, with 23% of the population now living in rental properties compared to the EU average of 34%. That translates into the need to build around 2 million homes for rent in the country.
House purchases have basically been supported by the repositioning market in recent years, whilst demand from young people has continued to shrink due to the tightening of access conditions and job insecurity. During the post-coronavirus crisis, this situation is expected to get even tougher.