Spain falls behind Europe on social housing

LAST UPDATED: 8 Nov, 2014 @ 13:37
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Spain falls behind Europe on social housing

SPAIN’S investment in social housing is among the lowest in Europe.

Rented social housing makes up just 2% of Spain’s residential property market, with the country investing less than 1% of its GDP, according to the Human Rights Watch.

In comparison, the UK’s social housing makes up 18% of the market and in France it is 17%.

The Spanish government has focused on helping people to buy rather than offering subsidies for cheap rents.

Social housing tenants have typically rented for 10 years before being encouraged to buy property in Spain.

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