Spain's high homeownership rate: the 75% claim and the unproven plan

Around 75% of households in Spain own their home, according to Eurostat. The figure has been falling for years and the debate over investment funds and renting is growing.

English · Original discussion in Spanish · Published

Spain has one of the highest homeownership rates in Europe, at around 75%. Those who claim there is a coordinated plan to push it below 50% offer no evidence for it.

## How many households in Spain own their home

Spain has one of the highest homeownership rates in Europe. Around **75%** of households in Spain own their home, according to **Eurostat**. The figure has been falling for years.

Some claim that fifteen years ago the percentage was close to **85%** and that the decline has accelerated. This is a calculation that circulates without backing from complete official series.

## Large funds, renting and the plan attributed to them

Large investment funds have bought entire residential buildings to rent them out. In Spain, **Blackstone** and other asset managers hold portfolios of thousands of flats. The share of rental housing has grown, especially in **Madrid** and **Barcelona**.

The Government passed the 2023 Housing Law (Ley de Vivienda), which allows rent caps in tight rental markets. The law has been criticised for allegedly discouraging supply.

## What is claimed and what is unproven

Those who defend the thesis of a coordinated plan to reduce private ownership point to the **PSOE** (Spain's Socialist Party) and social movements. They claim the goal is to push the share of homeowners below **50%** within two decades.

There is no evidence to support that coordination. Before accepting any diagnosis about housing, it is worth checking the official statistics.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (2 replies).

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