Housing Crisis in Spain and Italy Goes Beyond Holiday Rental Boom

Residents in both countries say there is no easy solution to rising costs and a worsening housing shortage.
Housing Crisis in Spain and Italy Goes Beyond Holiday Rental Boom
A row of houses in Pamplona, Spain, on April 5, 2025. Autumn Spredemann/The Epoch Times
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Residents in Spain and Italy, two of Europe’s most popular vacation destinations, are struggling to make ends meet amid a dire shortage of affordable long-term housing.

According to research from the European Central Bank and the Bank of Spain, the Spanish housing crisis has its roots in a collapse of the real estate bubble in 2008, followed by a lag in new construction until 2023.

Autumn Spredemann
Autumn Spredemann
Author
Autumn is a South America-based reporter covering primarily Latin American issues for The Epoch Times.
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