You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser.
Valencia: employed but homeless, housing is pushing workers out
In Valencia, Spain, people with jobs are searching for flats in Utiel Requena or ending up at Casa Caridad. The housing crisis is driving up prices while the tax burden weighs heavily on workers.
Living in Valencia and ending up at Casa Caridad: the housing paradox
In Valencia, some people are looking for a flat on the plateau, in Utiel or Requena, because prices in the city have skyrocketed and they need a train or bus to get to work. Not long ago, a basic-level worker could buy two houses and feed eight mouths on his salary. Today, people with stable jobs end up in soup kitchens like Casa Caridad.
The causes are debated: touristification, immigration, gentrification, and political decisions that rewarded construction over social housing. The tax burden also bites: a worker with a net salary of €1,400 contributes, according to estimates, more than €1,200 a month in direct and indirect taxes. The result is a city that pushes its workers out to the suburbs or into social assistance.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (9 replies).
1,600 students of 95 nationalities at IE University in Segovia are driving up rents. The El Mundo report that sparked the debate on university gentrification.
An 18-year-old suspect, allegedly a hitman, was arrested for shooting dead plastic surgeon Alexander Aslani at his Marbella clinic. The motive remains unconfirmed.
Iryo's CEO described to the Senate on October 5 the LZB failures that immobilized its trains. On October 28, a high-speed train ran into a stationary Iryo service in Spain.