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Rent Is Skyrocketing in Spain: Already Costs 430 Euros More per Month than an Average Mortgage
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A dilemma and complicated. The difference between the price of rent and the mortgage fee in Spain has reached its historical maximum. Living on rent costs already, on average, 430 euros more per month than paying a mortgage. This jump is not only striking by the amount —1,153 euros per month compared to 722 euros— but because it represents a radical change from the traditional situation of the Spanish real estate market, where for decades the pu…
The distance between renting and buying housing had never been so wide. According to the latest iAhorro Financial Effort Barometer, in March the average monthly fee of a rental...
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