Economic Impact of Access to Housing: Spanish Middle Class in Check According to Luis Garvía
2 Articles
2 Articles
The expert points out the obstacles faced by new generations to progress and focuses on wages, housing shortages and the weight of inheritance.
The crisis of access to housing in Spain hits the middle class hard, an essential group for national economic stability. Economist Luis Garvía points out that today owning a home no longer determines financial security, but is only the beginning: collecting entry and obtaining a mortgage has become the real barrier. This reality mainly affects young people and families with limited incomes, in a context marked by low wages, temporary employment …
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