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Spain caught in the housing crisis: the market will take six decades to balance out

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Spain caught in the housing crisis: the market will take six decades to balance out

Spain caught in the housing crisis: the market will take six decades to balance out

Spain’s housing stock has grown by 1.5 million units since 2014, reaching 27 million, but it covers neither population growth nor the accumulated shortfall (around 983,000 homes). At the current pace, the market would take some six decades to reach equilibrium.

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