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Editorial: El Mundo

  • Housing demand has surpassed the levels of the 2008 real estate bubble, straining prices and making homes inaccessible for young people, vulnerable families, and the middle class.
  • The pace of buying and selling has exponentially increased, driven by buyers, reduced mortgage costs, and the rising popularity of new construction homes.
  • The mismatch between high demand and insufficient supply has skyrocketed prices to unprecedented levels.
  • Public administrations must get involved in promoting new housing construction and liberalizing land to accommodate the existing purchasing demand.

Conclusion: Spain's real estate market situation is being driven by unprecedented demand, which is straining prices to unsustainable levels. It is crucial that authorities step in to correct this imbalance.