The change of trend that the Blank July 2019 calendar is experiencing will cause, predictably, an increase of this financial effort. And this will cause more families to opt for rent, which has also been favored in recent years by a cultural change of the Spanish society. The ‘cost of January’ does not affect Spain and Portugal equally, two neighboring countries that live some paradoxes separated by a few kilometers away. Why does light rise on this side of the border and fall on the other side? Why does gasoline fall in price on Portuguese lands, while the curve is drawn more and more up here?
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Oil prices, for example, have not stopped decreasing since last October and the barrel is sold in dollars, in accordance with OPEC stipulations, which also has to be paid less due to the good performance of the euro. in the markets. So we are facing a perspective of clear international scope, especially starting from the reductions that are felt since September 2017.
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There are important geographical differences. The Balearic Islands (23.5%), Malaga (22.2%) and Barcelona (18.2%) are the provinces in which a greater financial effort is made. In Soria, Castellón and Palencia, on the other hand, this indicator barely exceeds 12%.
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The differences between provinces, however, are shortened. A couple of years ago, the strong increases in housing were located almost exclusively in Madrid, Barcelona and coastal regions. Now, provinces such as Ciudad Real, Burgos and Guadalajara show increases of over 11%. Rise s unpublished that are also occurring within large cities.
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In Madrid, for example, districts that previously showed less dynamism, such as Villaverde and Ciudad Lineal, now reflect price rises of more than 20%. A rhythm of growth that is also observed in Valencian neighborhoods such as Rascanya, L’Olivereta, Camins al Grau and Poblados del Norte. And in Barcelona, the districts of Sant Andreu (18%) and Gràcia (13.7%) surpass the two digits of increases.
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Tinsa highlights in his latest report that, despite these increases, housing still remains far from maximums. At the national level, the price of houses is today 34.7% lower than in 2007. And, from the minimum levels of 2015, the revaluation is just 11%, according to the consultancy.
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The Balearic Islands (-21.4%) and Madrid (-27.5%) are the two regions that maintain less differences with the highs of eleven years ago. At the other extreme are Castilla-La Mancha (-52.3%) and La Rioja (-50.3%), where houses are still worth less than half.
However, the autonomic sections of Blank July 2019 calendar indirect taxes contribute to the fact that the benefits of falling prices are not transferred to Spanish consumers, something that does not happen in Portugal, a country that lacks the pressure of 17 autonomies.