Esade attributes 18% of Spain's rent increase between 2019 and 2023 to funds and large landlords
An EsadeEcPol report, based on rental homes declared in income tax returns in Spain's common fiscal regime regions between 2019 and 2023, attributes 1.6 of the 8.8 points that the average rent price rose to multi-property landlords, 18% of the total. The rest is explained by the mismatch between supply and demand. The study does find that owners of several properties raise prices more than those with only one.
In 35 seconds
- Multi-property landlords account for 1.6 of the 8.8 points of rent increase between 2019 and 2023, or 18%
- The report links the rest of the increase to the mismatch between supply and demand
- The price gap between multi-property and single-property landlords rose from 0.8% in 2019 to 3.5% in 2023
IASummary generated by artificial intelligence from a story by ABC. It may contain errors: the original source prevails.
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