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[BUSINESS] · Spain · 3 sources

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Part of situation: Spain housing market: rising costs and supply shortages (280 clusters)

Spain housing costs impact employment and disposable income

housing affordability CCOO Spanish economy rental market wage gap

A report by the CCOO Economic Cabinet indicates that housing costs in Spain have risen 3.6 times faster than wages since 2013. The report, titled ‘The cost of rentism for wages and the productive economy’, estimates that if housing costs were to decrease by 30%, the Spanish economy could free up between 21,000 and 26,000 million euros in disposable income and potentially create between 330,000 and 411,000 jobs over a five-year period.

Data shows that between the second quarter of 2013 and the same period in 2026, home purchase prices are projected to have risen by 108%, while the average salary grew by only 30% nominally. In the rental market, new contracts signed between 2015 and 2024 increased by 37%, nearly double the 21% growth seen in average salaries. Significant price increases were noted in the Valencian Community, Balearic Islands, and Canary Islands.

To assess housing sustainability, experts suggest calculating the total monthly housing cost—including rent, utilities, and community fees—as a percentage of net household income rather than looking at gross salary alone.

Entities

Agencia Tributaria · Baleares · CCOO · Comunidad de Madrid · Spain

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] A 30% reduction in housing costs could create between 330,000 and 411,000 jobs in five years. www.merca2.es
  • [○ 1 SOURCE] Home purchase prices rose 108% between Q2 2013 and Q2 2026. www.merca2.es
  • [○ 1 SOURCE] A 30% reduction in housing costs could free up 21,000 to 26,000 million euros in disposable income. www.merca2.es
  • [○ 1 SOURCE] Residential effort is calculated by dividing monthly housing costs by net monthly household income. www.iberoeconomia.es
  • [○ 1 SOURCE] Housing costs in Spain have increased 3.6 times more than salaries since 2013. www.merca2.es
  • [○ 1 SOURCE] Rental contracts signed between 2015 and 2024 increased by 37%. www.merca2.es
  • [● 2 SOURCES] Total housing cost should include rent, utilities, and community fees. desdematanza.com.ar · www.iberoeconomia.es
  • [○ 1 SOURCE] Average salaries grew by 30% nominally between Q2 2013 and Q2 2026. www.merca2.es

Sources

Aprender para decidir: cómo calcular cuánto puedo gastar en alquiler según mis ingresos [desdematanza.com.ar]
Alquiler y salarios: cómo saber si la vivienda está absorbiendo demasiado dinero de un hogar [www.iberoeconomia.es]
CCOO cifra en 411.000 los empleos que se crearían en cinco años si la vivienda bajara un 30% [www.merca2.es]