Editorial: El País

• The economic gap between young and older generations in Spain has grown in the last two decades, with households over 65 seeing an increase in income.
• This income difference has worsened, almost doubling between 2008 and 2023.
• Thanks to property and pension appreciation, those over 65 have managed to maintain their economic position despite inflation.
• The wealth of households between 35 and 44, which includes the value of home ownership, has plummeted.
• Structural economic issues have created a vicious cycle that traps new generations in wage stagnation and a chaotic housing market.
• Youth employment has improved, but often involve precarious contracts with lower salaries.
• The housing market has been neglected by public powers, resulting in abusive rental prices and difficulty for younger generations to acquire a property.
• Current solutions such as raising the minimum wage and rental bonds do not solve the underlying problems.

Conclusion: The government has the responsibility to design specific policies that restore hope to a generation trapped between high rents and precarious jobs.

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