The descent of the prices of the houses for hire does that also it do it the value of the real estate

Until the outbreak of the so-called housing bubble in Spain 13.56% of the population lived on rent, while now this percentage reaches already 16.09%, according to the survey of family budgets which elaborates the INE, but the truth is that we are still at the tail of countries such as Germany where 60% of the population lives rental.

According to reports from the consultant, most popular flats are 2/3 rooms in the Centre of cities, are in perfect condition and the maximum price ranges in the 1,000, and this type of housing are complicated to find. "As an example in Catrealestate we had a few flats of 80 m²"and 3 rooms for 800 / month and collapsed the ECU to us", says Nacho Castella, director of Catrealestate.

The owners are tired of defaults and are unprotected by the law. For this reason they call for additional guarantees that hinder operations. According to data collected by the consultant, in the courts of Barcelona currently an eviction process can take about six months if not additional problems arise.

Young people cannot give six months of bail by a floor that want to rent; the result is an unsatisfied demand. Another aspect is that there are apartments available in poor condition are not tenant quality and for this reason, the owner prefers to have them empty to make an investment. Moreover, as the profitability of the rent is still low, about 4%, causes that investors prefer to buy other types of assets: as for example warehouses that are 6%.

"More tax facilities should be the inverter on floors so later take them to rent. We must also enhance major owners of flats who then devote them to rent. It would be advisable to recover the figure of the Socimis. This figure should be to the American Reits, but was put into operation in crisis and without a favorable tax adjustment".

Among these factors, the demand for managers of multinational companies is too. Currently, many companies no longer can afford afford him a floor to their managers and this is also noted in the market. As it happens with families who could previously afford prices and currently cannot.

These and other factors are motivating that housing prices are also down.