Particle.news

Download on the App Store

Spain’s Youth Emancipation Hits Record Low as Housing Costs Surge

Unions and youth organizations have called on authorities to expand affordable housing to ease rent pressures on young earners.

Overview

  • Only 15.2% of Spaniards aged 16 to 29 live independently, marking the lowest second-semester rate since official records began in 2006.
  • More than 74% of employed young people remain in the family home despite youth unemployment falling to around 19%.
  • Average monthly rents reached €1,080 by the end of 2024, forcing many young workers to dedicate over 90% of their income to a solo tenancy.
  • The average sale price of €197,210 requires roughly 14 years of a youth salary to purchase and a down payment equivalent to four years of earnings.
  • About 26% of employed young people are on part-time contracts and roughly 30% face poverty or social exclusion.