[ad_1]
The Spanish government will pay 250 euros a month to low-income youth to help them leave their parents’ homes, a growing problem in the country.
Urban Planning Minister Raquel Sanchez told a news conference that starting this month, Spaniards under the age of 35, whose annual income is less than 24,318 euros, will be able to apply for a monthly payment so that to rent an apartment for two years.
She said that this support is important so that housing prices are not an obstacle to the independence of young people.
According to last year’s data, around 55% of people between the ages of 25 and 29 were still living with their parents, making Spain one of the countries in Europe with the highest percentage of young people who have not yet left the home of their parents.
This number is strongly related to the particularly high number of young people who are not employed – up to 29% of those under 25 in Spain do not have a job. However, according to Francisco Inaretti, a spokesman for Idealista, Spain’s largest real estate website, direct rent subsidies may not meet government expectations as there is a high demand for small apartments.
“Previous experience has shown that subsidies directly increase rental prices,” he said, adding that tenants earning just over 24,318 euros may feel discriminated against as they will have to pay an even higher price. rent without receiving support.
top channel
[ad_2]
Source link
