The rental market lives moments of euphoria. Prices skyrocket and demand outstrips supply. The recent study of Fotocasa and other topics of interest have been addressed in the program Forum Real estate of Intereconomia Radio. In the same have intervened Luis Corral, CEO of Foro Consultores, José Luis Ruiz Bartolomé, real estate expert, Ivan Rodríguez, CEO of Ikasa and Beatriz Toribio, Head of Studies at Fotocasa.
Rental market: Prices up
The rental market is registering strong tensions as a result of an increase in demand. Although the credit tap has been reopened by the banks, still There are many Spaniards who can not buy a home. For this reason, they accept the rent to access it. This situation has led to a sharp increase in rental prices. During the last year they have risen above the 10% in some districts of Madrid or Barcelona
The year-on-year increase was 7,9% on average since January of 2016 to the same period this year. This is undoubtedly the most important increase detected in the registry of the Real Estate Index fotocasa, started just 10 years ago.
Another of the topics discussed was the Boom of socimis in the real estate market. They are proliferating so much in the market that there is even talk of mergers during this exercise. But what will happen in the market? At the moment, the new socimis are entering niches that are very specific and with greater specialization.
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