In the current expansive phase, for the first time many families who live on rent will change their current home for one in property. The keys to this change will be three: the lower requirements of banks to grant mortgages, both in terms of monthly family income and previous savings levels; plus the strong increase in rental income, as well as the improvement of employment data.
This route will therefore be the inverse to the one that has been carried out in the last ten years, in which the rent was gaining followers and the number of families that approached it grew by 33%, especially among those under 35 years of age. , who saw it as the only way to access a home.
Normally, the time to renegotiate the rent (every 3 years in most cases since the reform of 2013) is the time chosen by the tenants to change neighborhood and consider the purchase, because it is when they are aware of the price increase of the rent of the neighborhood where they reside. In Madrid and Barcelona in the last three years have seen increases of up to 10% in some neighborhoods.