Young Spaniards are headed to the countryside to afford a home. In Spain, what was for decades seen as a problemβthe depopulation of rural areas as young people left villages for citiesβis now becoming an opportunity. (How ironic.) As housing costs continue to climb and urban overcrowding becomes worse, some young people are looking outside major cities for a place they can actually afford. According to a Fotocasa Research study from earlier this year, 13% of people currently looking for a home in Spain plan to move in the coming months to a municipality with fewer than 10K people. Gen Z and Millennials make up a significant share of that group: 23% are 18-24-year-olds, and 38% are 25-34-year-olds. But the trade-off is that many of these rural communities lack stable employment and quality healthcare among other things young people need to build a life there, meaning a cheaper home doesnβt necessarily mean an easier life. (Euronews)
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