GTrends
GTrends
Trends in the Real-Estate Market No. 7
SEPTEMBER 2020
Summary of the Report
GLOVAL. ACCESS TO THE FIRST HOME FOR YOUNG PEOPLE
It is known that it is difficult for people between 25 and 40 years old to buy a house in our country. The current salaries, the conditions of financing by the entities and the current situation, make it virtually impossible to acquire a real estate asset that involves a significant outlay, not even the product of second hand. In order to activate the sector and facilitate access to renting by the most disadvantaged and especially young people, the Government is going to launch a Plan focused on this matter and with the purpose of increasing the weight within the housing stock of our country.
This housing plan will be led by the Ministry of Transport, and will include provisions for renovation and access to young people and vulnerable groups through the figure of rent.
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