Housing Crisis Deepens in Cantabria: Unaffordable Rentals and Rising Squatting Issues
In the picturesque region of Cantabria, Spain, a grave housing crisis is unfolding, affecting both locals and expats alike. The problem is multifaceted, with unaffordable rental prices and a surge in squatting being the most pressing issues.
Unaffordable Rental Market
Since the end of the COVID-19 pandemic, the rental market in Spain has been under significant strain, and Cantabria is no exception. The demand for rental housing has skyrocketed, while the supply has continued to dwindle. This imbalance has driven rental prices to unsustainable levels. In Cantabria, the average rental price has increased substantially, making it difficult for many to find affordable housing.
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