Over the last five years (between 2015 and 2019), the average amount of a person’s monthly salary that has been earmarked for paying the rent has risen by 11.5 percentage points in Spain. In this way, in 2015, Spaniards had to allocate 28% of their monthly income to pay for an 80-square-metre rental apartment compared to 31% in 2016, 34% in 2018 and 40% in 2019.
The data contrasts with the yield offered by this segment of the market, especially compared to other financial investment products, and given the crisis caused by the pandemic.
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