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

Thematics

Related contents

Report

Housing

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

Dossier

Housing: right or commodity?

The seventh Dossier from the Social Observatory of ”la Caixa” focuses on the residential insecurity faced by society’s most vulnerable groups, and access to housing for young people.

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.

Article

The unequal impact of social exclusion in Spain (2007-2013)

Between the years 2007 and 2013, the difficulties faced in employment, housing and health worsened considerably in Spain. This article by the Social Observatory of "la Caixa” reflects on the problems that have intensified social exclusion which affects, above all, the younger population.

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?

You may also like

Report

Reforzar el bienestar social: del ingreso mínimo a la renta básica

Reforzar el bienestar social: del ingreso mínimo a la renta básica

Social Inclusion

Este informe recoge el análisis sobre la situación social en España y sobre la capacidad de las ayudas y subsidios existentes para garantizar unos ingresos mínimos a todos los ciudadanos, con el objetivo de reducir la pobreza y la desigualdad.

Report

Housing

Housing

Social Inclusion

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

Dossier

Housing: right or commodity?

Housing: right or commodity?

Social Inclusion

The seventh Dossier from the Social Observatory of ”la Caixa” focuses on the residential insecurity faced by society’s most vulnerable groups, and access to housing for young people.