El rental market It is changing, and a lot, in recent years. One of the main causes is the COVID-19 pandemic that has influenced the mentality of new tenants. We will tell you everything in the next few lines.
The real estate sector and its evolution in 2021
You may be wondering: does the real estate? The answer is a resounding yes. Among the many reasons that justify it is the Covid. Rents are lowered as a result of the economic crisis that has occurred after the pandemic and the instability that it has generated in people.
In fact, in the housing law a covid clause that allows the rental contract to be terminated if there are major causes such as, for example, a health crisis that causes you to stop working and, therefore, reduce your income level.
In turn, the tourist and residential rental It is another of the variants of this sector that is experiencing greater growth. Not surprisingly, it implies a lower commitment if you are a tenant, you don't worry about formalizing long-term contracts and it allows you to pay the mortgage.
On the other hand, the youth of the call generación Millenials have different perception regarding the acquisition of a home. Now, they don't want to get caught up in mortgages throughout life, as their parents or grandparents did and prefer renting. This is a very European attitude that, in addition, invites you to change your home more easily in the event that you have to move to another city. For example, for work reasons, a very common situation today.
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