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It's nice that you're trying to be objective (a dig at the socialists) but you're looking at symptoms and proposing they get cured with more of the disease - government intervention. If you're interested in the fundamental root causes - have a look at the Austrian Economic Theory (Mises Institute has lots of uni-level free lectures on TH-cam). The root causes: - money printing (you did catch inflation as one of the symptoms, plus fueling speculation) - lose monetary/housing policy (low rates, forced/subsidised lending - inflating asset prices) - building regulations and zoning laws - dramatically increased cost of building houses and added uncertainty; like the cost of providing x% of "social housing" which gets born by the regular buyers) - other government interventions (god forbid, rent controls - even government economists, when not working for socialist governments, know this has failed always and everywhere). And on top of all the negatives of these government interventions, the country also becomes poorer because government has to tax us, pay for the bureaucracy of tax collection / spending, and only then spend the money on the counter-productice measures (like landlord or first time buy incentives)

The "bono de alquiler" will only make things worse. It will make rent more expensive as the supply of people seeking to rent will rise but the underlying problem will still exist. They need to build more, there is no other solution. Great video, I enjoyed it!

Is now a good time for foreigners to purchase a holiday home in Spain sir?

The first thing you should do is learn to speak Spanish, before going to live in Spain, and then you will worry about the rest.

There is not any easy solution because people earning money from rents (old people) are majority... and people trying to get on the housing ladder are the young ones, are in minority... meaning to make this whole bs fair... whatever it means.... will lead to old ppl earning less or old ppl losing their house value.... Goverment doesnt want that so instead they help people buy a house... which leads to increase in price which makes old ppl happy... okay so what are we going to do when 100% loan will not be enough to afford a house? spread it through the generations? give 110%? Theres a house bubble and politicians pretend to be blind because if the house market goes down their losing next elections... Instead all the young ppl will leave their country and their future wealtfare with crumble... Congrats to the gerontocracy

Can I switch from a UK current account bank to a Spanish bank. Salaries only paid into the uk bank.?

As a resident of Miami Beach, I can tell you first hand that short term rentals ruin the housing market for everyone. It was originally seen as a neat way for homeowners to help make ends meet, but in reality what happens is entire buildings are bought out and converted to short term rentals. This reduces the available housing inventory and raises prices to unaffordable levels. Combine it with corrupt local government officials and it's a recipe for disaster. I am currently looking to buy in Madrid and I'm surprised at the high prices compared to just a few years ago.

there are some things which could be done: 1. Ban foreigners or in minimum non-EU citizens from buying properties in Spain. There are too many rich foreigners who buy in to the market, which drives prices up.Especially in the coastal regions this is a problem. The city of London has the same problem. No, this is not everywhere a problem. 2. In general really living somewhere should have priority over just having a property somewhere just to use for 2 months. Those properties are empty for 10 months a year. Especially in the more touristy regions some places are ghost towns for most of the year. 3. In general property is the only real commodity which can not be inflated like currencies. The government should try to have a program so that all citizens can have property and be able to live rent and mortgage free.

been to Madrid twice…love it…would love it to be the capital of Europe…bit optimistic though. Like it just as it is anyway.

I think you make a very good point at the end there. Not to say that it isn't difficult, but to a certain extent it is people's choice to spend 50% of their income on a room in a desirable area rather than spending less or having their own place further out. In the case of Barcelona, it's a massive bunfight in the centre, but you can *buy* a not-horrible flat in Esplugues de Llobregat or Sant Adrià de Besòs for 120-150k. If you really are stuck renting, there are cheap rooms, but you're unlikely to find an affordable place to yourself anywhere near the city. Hasn't it always been like that though? I lived in Manchester for most of my twenties, never had a place to myself, and never lived near the centre.

the issue is not only high rental prices, it's high price for a quite old and shitty apartment yet with a few hundreds of applicants within an hour, never seen anything like this. Coming from Asia and have lived in five countries, this is new

Hello and thank you for your insight! I was wondering if you might be able to suggest some english speaking Gestorias or accountants for autonomo workers like myself! it's been very hard to find them. Thanks :)

Banning short term rentals is definitely a great idea, I love the anti AirBnB movement

SUBSCRIBED!!!

What do you think about the anti foreigner sentiment in some places like Valencia and Barcelona? I mean in this context. Lots of people blame tourists and foreigners for high property prices.

This is excellent information! How much have these numbers gone up in the last two years? In the USA costs have risen a ridiculous amount from only two years ago.

Can you mention a couple of the 95% mortgage banks, the money required is just too high considering the tax as well

Do you think there is a solution to the housing crisis? Leave a comment and let me know!

Greetings from Poland

Hello Jonney, discovered your channel few days ago, I'd say great content, all your videos are packed with top notch knowledge/ideas ! Keep it up ! Question: do you know a good immigration lawyer and tax lawyer you can recommend for both Portugal and Spain ? Some ones knowledgeable with reasonable rates. Thanks

No queremos rascacielos en Madrid, Madrid no es Qatar, no es Toquio, no es N. York. Madrid es europeo y ....Español.🤨 No queremos millonarios a especular, queremos personas decentes y trabajadoras

Im from the States and now living in the amazing Madrid from Orlando en la Florida. Madrid its just an european NY

Don’t listen to this paid clown this bank is run by criminals see for yourself open an account and await for the worst nightmare of your life. They will freeze your account permanently and they have no support available in any way. I hope this clown face legal issues when the entity is taken down. You think the previously mentioned won’t happen to you? See by yourself! And then remember to come back and like this comment!

Enhorabuena 🎉 mine was 8 years ago and it’s the best decision i ever made. What a journey !

It seems I don't fit with the channel's name, but this video was suggested by the algorithm. I'm an IT Systems & Networks Technician. This position in Spain is barely paid €23-25k and I myself have been unemployed 17 years, because IT companies don't wish to hire people over 35-40 at all. I need to live at my 80 y/o parents' because I wouldn't be able to hire a new place on my own.

Welcome to the UK. Here we have house owners unable to pay Council tax, forget about media ; )

Thanks for the video! Can you recommend a bank that is compatible for both paying taxes and SS? I already have my TIE. Thanks!

Congratulations!!!

You must be crazy to marry a Spanish girl in Spain.

Inspiring, congratulations to the two of you!

Si hacemos una comparativa entre las tres SEGURIDAD: Madrid es vista como la capital más segura de las tres, seguida de París y luego Londres, aunque la experiencia de seguridad también depende de la zona en la que te encuentres dentro de cada ciudad. TRANSPORTE PÚBLICO: Madrid destaca por ser el más accesible y cómodo en términos generales, París es muy eficiente y tiene una red densa, mientras que Londres tiene una gran cobertura, pero a un precio más elevado y con más saturación en las horas punta. VIDA NOCTURNA: Madrid tiene una de las mejores escenas nocturnas de Europa, con bares, discotecas, y terrazas que se mantienen abiertas hasta altas horas de la madrugada. Cultura y eventos: Hay una rica oferta cultural con teatros, festivales y museos de renombre internacional. Además, Madrid acoge muchos eventos deportivos y conciertos. OCIO Y DIVERSION: Madrid lidera en vida nocturna y accesibilidad, mientras que Londres ofrece una mezcla vibrante de eventos y cultura global. París es más tranquila en la noche, pero ofrece un ambiente cultural y romántico único. HOSTELERÍA: Madrid es conocida por ofrecer una excelente relación calidad-precio en alojamiento y restauración. Desde hostales hasta hoteles de lujo, hay una gran variedad de opciones, siendo generalmente más asequible que Londres y París. La escena gastronómica es vibrante, con una mezcla de bares tradicionales de tapas y restaurantes de alta cocina. También es fácil encontrar terrazas para disfrutar del buen clima. CLIMA: Madrid es ideal para quienes disfrutan de climas cálidos y soleados, con veranos muy calurosos e inviernos fríos pero secos. Londres ofrece un clima templado durante todo el año, pero con frecuentes lluvias y menos horas de sol. París tiene un clima moderado, con veranos agradables y precipitaciones distribuidas a lo largo del año, lo que lo convierte en un equilibrio entre Madrid y Londres LIMPIEZA: Madrid destaca como la más limpia, seguida por Londres, mientras que París tiene más dificultades en este aspecto. SANIDAD PÚBLICA: París tiene una de las mejores reputaciones en cuanto a calidad y rapidez de acceso a la sanidad, Madrid ofrece un sistema robusto y accesible con buena relación calidad-precio, y Londres tiene un sistema gratuito de alta calidad, pero con problemas de saturación en algunos servicios. COSTO DE VIDA: Madrid es la ciudad con el costo de vida más bajo en general, especialmente en vivienda, alimentación y transporte. París es más cara que Madrid, pero más asequible que Londres, con un costo de vida elevado pero manejable, especialmente si se vive fuera del centro. Londres es la ciudad con el costo de vida más alto, siendo especialmente costosa en vivienda y transporte, lo que lo hace difícil para quienes no tienen ingresos altos. SOCIABILIDAD: En resumen, Madrid destaca por su calidez y sociabilidad, Londres por su multiculturalismo y pragmatismo, y París por su sofisticación y carácter intelectual. Y he hablado muy bien de Londres y París, sin contar las realidades, como que París da asco si sales de las zonas turisticas, y Londres sucio, peligroso, caro, depresivo y eso de la puntualidad inglesa es tan falso como el honor ingles. DICHO ESTO, EN QUE SON MAS IMPORTANTES O MEJORES LONDRES O PARIS?. Quiza en seguir intentando como llevan haciendo siglos, menospreciar a España? seguir mintiendo sobre España? Quiza en asesorar a sus ciudadanos en como robar a los hoteles?, como ir por Europa humillando a la gente sin techo, destrozar y provocar altercados alla donde van? en ser el turismo mas sucio, irrespetuoso y prepotente? Ni Londres ni los ingleses estan para dar clases a nadie de nada, y los parisinos y franceses en general mas de lo mismo aunque entre ambas, prefiero a los franceses.

Muchas gracias por tus palabras sobre nuestra ciudad. Un abrazo.

I can't get a quote no NIE number yet, how much would it be for new CLA AMG 45 roughly ?? 100k car

I love Spain. It's my goal ever since to live in Madrid! and perhaps travel other amazing Spanish cities as well - Barcelona, Valencia, Malaga, etc. 🙂

Last time i was in sants train station in barcelona i saw a couple of guys sucking eachother off in the restroom. Out in the open.

Congratulations!!! 🍾🎊

Amazing! Congratulations 🎉

I know! I was there! Best wedding that I have ever been to!!!! (Besides my own. Actually yours was more fun. We had no dancing at ours).

Congratulations 🎉

Dude, you LITERALLY inspire me. The coolest part is, once you guys start having children, they automatically get spanish citizenship via default of being born in Spain!

The most important are the "Sobre" with gifts €€€€😂

Congratulations to both of you

Have you been to a Spanish wedding or are looking at planning one? Leave a comment and let us know!

I want to rent/ share, but I can find it too many, just a few. At start I would like to rent room for the first 6-12 months

Thanks buddy

Oh my God!! They are doing to Madrid what they have done to Barcelona and Paris. 😢

Happy birthday!

What that digital nomad residency , how many days am I allowed outta Spain so it won’t get annulled ?

Hi john I am also looking for financial analysts job how to get job in Spain need further assistance

Awesome to see a brit in Melbourne, best city in Australia! <3 The sport in Melbourne is also great, hope you can enjoy the australian open!