Latin American millionaires are increasing their real estate investments in Madrid and Barcelona.
The increased in demand and house prices is deepening economic inequality.
The failure of the governments to formulate efficient housing policies has exacerbated the problem.
The increase of housing and rental prices are the highest since 2007.
Political disputes have prevented the approval of legislation that could increase housing supply.
Legal uncertainty and ineffective housing policies have reduced supply and increased prices.
Homeowners and investors are reluctant to lease due to the unfavorable environment created by left-wing policies.
Conclusion: The housing problem in Spain is not caused by foreign investments, but by the lack of efficient housing policies. It's essential to seek collaboration between public initiative and the private sector to benefit especially those who need a place to live.