ONLY 16% of young Spaniards between the ages of 16 and 30 have managed to leave their parents’ home, compared to a European average of 32%.
This is revealed by the latest report by the Emancipation Monitor of the Spanish Youth Council, which states that this percentage is equivalent to only seven million young people of this age who have had to move away from home.
The figure is down from 19% before the Covid-19 pandemic and ensuing fitness crisis, and is a far cry from the 26% recorded before the Great Recession of 2008, according to figures cited by Spain’s El País.
Among the aspects of this challenge in Spain are the high youth unemployment, which stands at almost 28% for those under 25 years of age according to the latest data available from the National Institute of Statistics, as well as the higher value of housing and rent. .
The data in the report shows that a young salaried person would be around €77 short of an average net salary for their age of €1,005 per month to cover their recruitment and expenses. In other words, 93% of your source of income would be spent. about housing.
In addition, in Spain, a young user would like to save the equivalent of 4 and a half years of salary to be able to buy their own home.
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