Home ownership at lowest level in 20 years
This week we have read the article Home ownership at lowest level in 20 years
published in The Guardian and we have compared the situation of housing in UK and in Spain. I think that, in general, the precariousness at work is the main reason for the fall of home ownership.
Some years ago, when people had a permanent post, everybody could buy a house and ask the bank for a mortgage. But nowadays there are a lot of people with mortgage and without work.
I think that in Spain the market of lettings is not well structured and it is the reason why people prefer buy to let a house.