Waiting for mum and dad to die: Is inheriting the only hope for young Spaniards?
Briefly

from www.thelocal.es6 months ago
A majority of Spain's homeowners belong to the Silent and Baby Boomer generations, with 92% of households headed by individuals over 65 years owning property.
www.thelocal.eshttps://www.thelocal.es/20240903/waiting-for-mum-and-dad-to-die-is-inheriting-the-only-hope-for-young-spaniards
The trend of rising inheritances has consistently increased since 2007, now constituting about one in five property transactions in Spain.
www.thelocal.eshttps://www.thelocal.es/20240903/waiting-for-mum-and-dad-to-die-is-inheriting-the-only-hope-for-young-spaniards
By 2024, the number of inherited homes peaked during the pandemic, highlighting the significant influence of older generations passing away on property market dynamics.
www.thelocal.eshttps://www.thelocal.es/20240903/waiting-for-mum-and-dad-to-die-is-inheriting-the-only-hope-for-young-spaniards
Rising property prices are making home ownership increasingly challenging for younger Spaniards, who face a delayed path to ownership compared to their predecessors.
www.thelocal.eshttps://www.thelocal.es/20240903/waiting-for-mum-and-dad-to-die-is-inheriting-the-only-hope-for-young-spaniards
Read at www.thelocal.es
#home-ownership #property-market #generational-shift #inheritances #spain
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