Friday, June 23, 2017
The Rent in Spain Falls Mainly Down the Drain
Renting an apartment in Madrid or Barcelona is becoming very difficult for anyone who isn't already rich or a high earner. Like many other cites in the developed world a number of factors have combined to price many people out of being able to afford to rent an apartment in Spain's two most populous cities.
Tell Me How Much You Can Afford and I'll Tell You Where to Live explains the problems of renting in Madrid and Barcelona. It also explores the reasons behind the high rents and then suggests some possible solutions. The article includes an interactive map which allows you to explore how much salary you need to rent in different neighborhoods in both cities. The map allows you to enter your monthly salary and the size of the apartment that you want to rent. The city's neighborhoods are then colored on the map to show the percentage of your salary that you would need to be able to rent in that area of the city.
The map also includes a timeline control which allows you to compare the current situation to previous years. Therefore if you are depressed by the current situation you can depress yourself further by sliding the years back to see how far back in time you would have to travel before you could afford to rent in Barcelona or Madrid.
Labels:
Barcelona,
madrid,
real estate,
Spain
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