Spain's Lost Generation: Why Young People Are Giving Up

Salaries of €21,000, unaffordable housing and loneliness: under-35s in Spain have lost hope. We analyse the causes and opposing views.

English · Original discussion in Spanish · Published

Spain's lost generation: the disillusionment of the under-35s

In recent months, a debate has exposed an uncomfortable reality: young Spaniards have thrown in the towel. It is no longer a matter of optimism or pessimism, but a statistical confirmation that the social ladder has stalled. The combination of poverty wages, unaffordable housing and a clouded life horizon has generated a disaffection that transcends politics.

Wages don't cover the cost of living

The main knot is the labour market. People complain of exhausting hours for salaries that don't even cover renting a room. Job offers of €21,000 a year are mentioned, insufficient in any provincial capital. Those who have a job face growing tax pressure; those who don't, an endless search. Competition from immigration is pointed to as a factor that further depresses wages in sectors such as construction or services. The result is a generation that works more and earns less than its parents.

Housing: an impossible dream

Rent and purchase prices have skyrocketed far above wage inflation. The situation is compared to the 1980s, when mortgages at 12% allowed people to buy after years of saving. Today, even with average incomes, spending more than 50% of salary on housing is the norm. The lack of public housing and the rise of investment funds have turned the market into a casino where young people cannot participate. The phenomenon of squatting has generated distrust among owners, who prefer not to rent.

The demographic factor

Another axis of analysis is demographic change. It is argued that the massive arrival of immigrant population (figures of more than half a million per year are cited) is transforming the country's profile. Some maintain that this dynamic, together with the policies of the 2030 Agenda, responds to a population replacement plan. Others see it as an opportunity to rejuvenate an ageing Spain. What is fruta is that pressure on housing and public services is intensifying.

Personal relationships and loneliness

Beyond economics, an existential crisis is reflected. The lack of prospects has eroded the ability to form a couple or a family. There is talk of a generation without partners, where dating apps and digital consumption have replaced real relationships. Loneliness is the default state, and depression or anxiety are the travelling companions. The traditional family has broken down, and individualism prevails.

Guilty or victims?

Opinions are divided between those who blame the system —politicians, businessmen, investment funds— and those who attribute the situation to young people's own decisions: having voted for parties that later failed to deliver, studying degrees with no future, or clinging to empty consumerism. There is also a current that downplays the complaints, recalling that previous generations lived in worse conditions or emigrated en masse. However, even critics acknowledge that the intensity of the discouragement is historic.

The generational collapse is not a headline, it is a reality palpable in the statistics on emancipation, in the queues of youth hunger and in the lack of long-term projects. As long as the structural causes —housing, employment, redistribution— are not addressed, the towel will remain on the ground. And the official narrative of recovery will clash more and more with the daily life of those who have not yet turned 35.

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (595 replies).

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