The young people prefer to rent to buy a flat, that is a reality that does not only happen in Spain but also in Europe, but do you know why? Let's find out.
Why is renting for young people more in demand than buying a flat?
¿Why rent for young people is more frequent than the sale of a house? There are several compelling reasons. Among them, job insecurity, greater flexibility or extra expenses. Let's see some of the most frequent.
job insecurity
Most young people have precarious and temporary jobs. For this reason, they neither have enough money to undertake this adventure nor do they find any bank that will grant them a mortgage. This is perhaps the biggest problem for the access to housing in young people.
Greater flexibility
When we are young we tend to set ourselves more challenges, illusions and projects personal and professional. All this implies that we have to move house, many times. When we buy a house, everything changes. And it is that we already feel more tied to stay in that place. That is why young people prefer to rent until they feel more settled in every way.
extra expenses
The purchase of a house supposes some extra expenses that does not involve rent. From the purchase of furniture and appliances to the invoice of the community of neighbors or taxes on real estate, among others. A rental supposes much less expenses.
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The concept of family has changed a lot in recent years. Many young people are clear that they do not want to have offspring tomorrow and, therefore, the purchase of a home is not an illusion in the sense of leaving it as an inheritance.
As you can see, there are many reasons why young people prefer to rent than buying an apartment. If you are interested in articles like this, come in.
