How do young people access housing?

Aitana Alguacil Denche, sociologist
Adapted by Núria Vallès-Peris

Demand for housing accompanies the creation and transformation of households. For this reason, the demand is greater among the younger population, which at the same time is the group most affected by the imbalance between the residential and the labour market. Young people are accessing housing late and with difficulties. This contributes towards delaying emancipation, interferes with the transition to adult life and leads to a decrease in the population’s fertility rates.
Key points
  • 1
       In Spain, the average age of emancipation stands at 29.3 years (EU= 26.6), the fertility rate at 1.3 children per woman (EU= 1.6), and the average age for becoming a mother at 31.9 years (EU= 30.5).
  • 2
       Traditionally in Spain, young people have opted for owner occupancy: there has been a very meagre offering of rental, and the idea of property as a form of investment (and rental as a form of wasting money) became generalised while for years there has been institutional promotion of homebuying.
  • 3
       In the third quarter of 2018, the rate of youth unemployment (age 16 to 29 years) stood at 25.2%, (14.5% for the whole of the population) and 53.1% of the younger population had temporary contracts (versus 23.1% of the total population).
  • 4
       Since 2007, the proportion of young people who acquire a home under ownership has declined and access to rental has increased. Since 2012, rental has been the majority tenure regime among those aged between 16 and 29 years.
For young people the cost of rental is currently higher than the cost of homebuying.

Evolution of the housing cost for rental and owner occupancy, expressed as a percentage of the household’s disposable income allocated to paying for housing.

Historically, rental tenure represented less of an economic effort than homebuying, but since 2015 this relationship has been turned around.

Classification

Tags

Subject areas

Related content

Article

Does working while studying influence graduate employability?

Is it possible to secure better employment by working prior to obtaining a university qualification? This analysis shows that it is, but only if the job is related to the degree’s content.

Report

Analysis of social needs of youth

A lack of professional opportunities and labour precarity mean that young people are very vulnerable to economic crises. What were the circumstances of this group prior to covid-19?

Article

Applicants and awardees of the ”la Caixa” Grants programme: who are they?

The “la Caixa” Banking Foundation grants programme, which funds postgraduate studies, has a major impact on the careers of its beneficiaries. Who applies for these grants and what factors determine to whom they are awarded?

Report

Housing

What social challenges does decent housing represent in Spain? This report analyses three challenges in this field: access, conditions and energy needs.

Article

Why are young people unable to access home ownership?

Employment precarity is an obstacle to accessing home ownership for young people. Rental, which is more expensive, or family solidarity are the main alternatives for setting up a home.

You may also find interesting

Infodata

Perception regarding immigration

Perception regarding immigration

Social Inclusion

In 2017, some 7 out of every 10 Spaniards considered that the integration of immigrants was generally satisfactory, a percentage much higher than the EU average.

Infodata

Perceived health status

Perceived health status

Social Inclusion

People of Spanish and foreign nationalities alike have a perception of their health as good or very good, and above the European Union average.

Article

The evolution of employment precarity among young people in Spain, 2008-2018

The evolution of employment precarity among young people in Spain, 2008-2018

Social Inclusion

Labour precarity among young people especially affects women. They occupy worse-paid positions with higher rates of temporary work than men.