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The Rental Market Gains Ground Over the Market to Buy, According to Estate Agents

The change in trend, according to the General Council of the Official Associations of Real Estate Agents, is due to a change in social mentality initiated by young people.

valencia

The General Council of the Official Associations of Real Estate Agents (APIS) believes that the Spanish real estate sector is undergoing a «possible change of ownership» regarding the preference towards renting or purchasing a property.

Historically, Spain has been a country of property owners, but the economic crisis and a change in the mentality of young people is making rentals an increasingly considered option, say sources at the real estate association.

Read the full article in Spanish.

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