The price of housing is one of the central issues for the market accesseither through purchase or rental. In recent years, attempts have been made to take measures to facilitate these issues.
One of these measures has been the housing bonuses that both the central and regional governments offer to alleviate the effect of prices on the pocket. Another of the most recent measures is the Price Index that aims to limit the price of rentals in those areas declared as stressed.
However, despite these measures, many Spaniards are concerned as it has become a first order problemespecially for young generations who see difficulties in achieving the level of savings and money with which to buy a house.
With this context, the economist and expert in real estate investments, Pau Antórevealed during an interview his forecast on what will happen to the price of housing in the coming months during an interview with YouTuber Wall Street Wallverine.
What will happen to the price of housing
In his analysis, Antó has not been especially optimistic. «The Spanish market is inflated, as is the shopping basket in Spain and as many other things are in Spain, I think there is a problem very big with him cost of living in general,” explained the expert.
For him, “the cost of housing is a problem.” In this sense, he expressed that he, as an economist, don’t know what the solution could be.
Regarding the panorama that is drawn in the future, he was also clear: «The macro data does not indicate that we are going the other way, nothing indicates that housing prices are going to go down».
“The data does not indicate that housing prices are going to go down”
Pau Antó
Real estate investment expert
In his analysis he pointed out that one of the problems of the market is that «There is a lot of housing for rent missing»which causes, among other reasons, that “prices tend to be on the rise.” Likewise, he drew attention to market regulations that aim to lower prices: “The fact of regulating a market reduces supply because you don’t like that regulation and what causes it is that it tends to increase the price.” .
On the other hand, he explained that when politicians have decided to limit the price of rents it has caused, on the one hand, “more underground economy» and, on the other hand, that the owner «is not interested in renting it under those conditions» and opts for other options.
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