# Young Spaniards can no longer buy or rent housing (El País, 24 Nov 2018)

* **Young Spaniards can no longer buy or rent housing**
* Original headline in Spanish: *Los jóvenes españoles ya no pueden ni comprar ni alquilar vivienda*
* By Sandra López. Published in El País on 24 November 2018
* <https://elpais.com/economia/2018/11/22/actualidad/1542902550_758805.html>
* **Summary from Google Translate**:
  * Young Spaniards are losing the battle for housing. [Leaving the parental home](https://translate.googleusercontent.com/translate_c?depth=1\&pto=aue\&rurl=translate.google.com\&sl=auto\&sp=nmt4\&tl=en\&u=https://cincodias.elpais.com/cincodias/2017/04/21/midinero/1492792881_724877.html\&usg=ALkJrhjY3CKx0G5lH0fCYxN3Rr5JS5OTqg) with a single source of income is unlikely below 30 years. **Only 19.3% had achieved it at the end of 2017 (in 2008 they were 26%)**, according to the latest data from the Emancipation Observatory [of the Youth Council of Spain (CJE)](https://translate.googleusercontent.com/translate_c?depth=1\&pto=aue\&rurl=translate.google.com\&sl=auto\&sp=nmt4\&tl=en\&u=http://www.cje.org/en/our-work/empleo/actividades-y-campanas-del-cje/observatorio-joven-de-emancipacion/\&usg=ALkJrhhLogVd-7Vf94o87WqxID8p9j31Uw). Eurostat confirms this: the average age at which the family home is abandoned (29.3 years) is the sixth highest in Europe.
  * This is so because the [percentage of income](https://translate.googleusercontent.com/translate_c?depth=1\&pto=aue\&rurl=translate.google.com\&sl=auto\&sp=nmt4\&tl=en\&u=http://www.cje.org/gl/sala-de-prensa/notas-de-prensa/menos-de-2-de-cada-10-jovenes-pueden-emanciparse-y-casi-4-de-cada-10-estan-en-riesgo-de-pobreza/\&usg=ALkJrhhlgcio7-vjYbRvPMz3ssIMVKcKfQ) that those under 30 years must allocate to access a home exceeds the recommended 30%. **In the case of solo employees it is bleeding: the rent eats 88.8% of their income and the purchase 61%**.&#x20;
* **Keywords**: emancipation, leaving the parental home, rental markets, property markets, overburden, young people, Spain


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