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Keywords: Rental Market
In a turbulent economic climate, Egypt's rental market is facing a monumental shift as decades-old rent control policies near their end. Since 2021, the Egyptian pound has plummeted by 70% against the dollar, with inflation soaring to a staggering 40%. These conditions have rendered the rental market......
Spain amended its housing law two years ago to curb soaring property prices and rents. The reform aimed to regulate rent prices through a rent control index, increase taxes on landlords with vacant properties, and incentivize below-market rental rates. Since then, rental prices have risen by 24 percent......
Rental contracts signed in Spain during 2020 are set for renewal this year, raising concerns over substantial price hikes for hundreds of thousands of tenants. The phenomenon, dubbed the ‘great rent hike’ by the Spanish press, reflects the tumultuous shifts in the rental market over recent......
New research highlights a troubling trend in Spain's rental market, revealing that residents now allocate an alarming 47 percent of their monthly income to rent, with some regions witnessing figures as high as 70 percent. This situation underscores the growing housing crisis affecting countless individuals......
As Spain grapples with an escalating housing crisis, many citizens are turning to a lottery system for a chance at affordable living. Among them is 30-year-old auxiliary nurse Pacheco, who, alongside her partner Sergio Encinas, has faced the harsh reality of soaring rents. The couple has been unable......
Thousands of protesters took to the streets of Barcelona on Saturday, November 23, 2024, to voice their frustration over the soaring cost of renting apartments in the Catalan capital. The rally highlights a housing crisis exacerbated by a 70% increase in rents over the past decade, while wages have barely......