It’s hard to gauge how much of that is a consequence. housing bubble burst completely upside down the entire structure of the real estate market and how much of it originates sociological changes But the truth is that there have been more significant changes in the way Alicante residents – and Spaniards in general – access housing in the last decade. some changes that cause more and more households live in rental houses and also inherited traits The number of people who are faced with the monthly payment of their family is mortgage significantly reduced and not for the best reasons.
This is reflected in: Population and Housing Basic Characteristics Survey A newly published study by INE that complements the census data and therefore represents a good X-ray of the transformation recorded in this area between 2011 and 2021.
And the first thing to note is that the important thing increase in the total number of households there is in the province, this time passed from 738,367 to 766,168. An increase given by the increase population – from 1.852.166 to 1.884.261 – but first of all, increase in single-person householdsThe largest declined, with 176,476 to 206,314 and single couples (from 241,509 to 243,685). Undoubtedly, there is a trend that reflects this. population aging and changes family models.
But beyond the purely demographic aspect, the biggest change is in the way these households access housing. So, the number families from Alicante living on rent increased from about 79,000 to almost 119,000 in the last ten years, or whatever, from 10.7% to 15.5% of the total. Likewise, there are up to 72,487 households. inherited or donated homes for their families 9.5% of the total, In 2011 it was only about 47,000, 6.3%.
Number of residents in Alicante facing these increases houses bought by themselves and already fully paid for stays in 40%although it increased from 292,505 households to 306,824 households in absolute terms; And what significantly reduced percentage mortgaged homesWhat’s happening From 36.7% to 27.4%or what is the same from 271.263 to 209.423? In other words, there are almost 62,000 less mortgaged families.
What can be good news as it implies debt reduction, actually difficulties that has existed for all these years access financingHE slowed emancipation or forced it to seek other alternatives As a professor at the University of Alicante and a real estate expert recalls, tens of thousands of families Taltavull Pigeon. ” disappearance of savings banks It also meant the disappearance of all existence. hosting access model existing in Spain and causing a problem So serious to new homes”, says the expert, reminding the important ones increase in rental prices and the loss of resources this entails for these families.
In addition, Taltavull points out that another important part of this decrease in the number of mortgaged persons many families who lost their homesas a result of avalanche bank embargoes following the bursting of the bubble and the coming of the great recession. According to the latest data from the judiciary, About 62,000 mortgages were foreclosed in the province.
The INE study also provides disaggregated data showing the structure of the province for municipalities with a population of more than 50,000. For example, the figures recorded in some tourist towns stand out when compared to the average 15.5% of rental homes on the border as a whole; TorreviejaWhere One in four neighbors lives in a rented house -It should be noted that the report covers only the population registered in the census- or Benidormrepresented by rental families 38% of the total.
In contrast, these populations have lower percentages of homes that support a mortgage. In this case the population more families with outstanding loans is is Vincent StreetThat’s normal, given that it’s one of the areas where almost 40% of residents pay mortgages, where many young couples bought homes during the boom years. Moreover alcoholwith 34.2% or AlicanteIt represents families with higher mortgages with 31%.
Approximately 94,000 families have second homes
The INE survey also provides data on the percentage of Alicante households with a second home, corresponding to 93,788, 12% of the total. It is a figure that only answers the properties owned by those registered in the province, that is, it does not count the hundreds of thousands of houses and flats owned by foreigners or non-residents from other parts of the country. area. . Curiously, the percentage of Alicante residents who own a second home is below the national average of 15.5%.