Cities

El Gobierno ha aprobado dos Reales Decretos-ley (RDL) con una batería de reformas amplia y diversa sobre vivienda: el Real Decreto-ley 26/2026, de protección de la función social de la vivienda y ampliación de la oferta asequible, y el Real Decreto-ley 27/2026, de estabilidad de los contratos de arrendamiento de vivienda habitual. Aquí describo y […]

Key ideas → Among households whose reference person is 65 or older, renting at market price has risen from 3.7% in 2008 to 5.5% in 2025. → At around age 35, 37.6% of Spanish households headed by people born between 1986 and 1995 rent at market price. The previous generation, at that same age, stood […]

The public debate on rental housing in Spain is dominated by two basic questions: what the homes are used for when they are not used by their owners as their main residence (second home, empty home, residential rental, tourist rental, other uses); and how many each owner has. Both are discussed on two different levels […]

Ideas clave → El 29% de los hogares en España son unipersonales, algo por debajo de la media europea (37%) pero con una tendencia al alza en un grupo concreto: el crecimiento se concentra en los menores de 65 años, especialmente en el tramo de 35 a 45, que pasa del 11,2% al 13,1% entre […]

A la hora de diagnosticar de manera diferencial los problemas del mercado de la vivienda en España respecto al contexto internacional, destacamos negativamente por el elevado sobreesfuerzo en el alquiler de mercado de los ciudadanos de los últimos deciles de la distribución de la renta, algo que es consistente con la apabullante escasez de vivienda […]

Los resultados definitivos de la ECV 2025, publicados por el INE el 5 de febrero, confirman una mejora general de los indicadores de pobreza en España. La tasa de riesgo de pobreza relativa cayó al 19,5%, su menor nivel desde 2008. Entre la población joven (16-34 años) la tendencia también es descendente: del 22,2% en […]

In this article, originally published in the Economic and Financial Report released in March 2025 with the support of Banco Sabadell, Jordi Fabregat—professor at Esade and board member of the Esade Alumni Real Estate Club—explores how models such as senior living or student residences could alleviate pressure on the conventional rental market. These alternatives respond […]

In this article, originally published in the Economic and Financial Report we issued in March 2025 with the support of Banco Sabadell, economist and TecnoCampus professor Josep Maria Raya conducts an in-depth analysis of the rental market, highlighting that: Seasonal rentals and room rentals are increasing, attracting supply away from long-term rentals. Regulatory uncertainty and […]

In this article originally published in the *Informe Económico y Financiero* that we released in March 2025 with the support of Banco Sabadell, Professor Joan Monràs reviews the four forces that have converged to push up housing demand: less construction, credit regulation after the crisis, the tourism boom, and the pandemic. This shock puts pressure […]

→ Seasonal rentals in Barcelona have grown from 2.1% of total listings in 2019 to 14.4% in 2023: their relative share has increased sevenfold. → In Madrid, they have also grown exponentially, though less intensely: from 4% to 10% (3.5 times). → Meanwhile, the share of long-term rental listings among total advertisements has dropped in […]

Last Tuesday, November 28th, we talked about our book “Un País Posible: Manual de Reformas Políticamente Viables” (Un País Posible: A Handbook of Politically Viable Reforms) thanks to the invitation of the Harvard Kennedy School Spain Alumni Network. The conversation counted with the interventions of Toni Roldán, Miguel Almunia, Marta Suárez-Varela and Antonio Cabrales and […]

Spain has practically the same real per capita income as 15 years ago, while other countries around us are much richer than they were then. This means that over the last eighteen years we have not improved our average standard of living. We are therefore on the road to two lost decades. There are many […]