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Home La Provincia

Canarian Youth Face 410-Euro Monthly Rent Hike Challenges

August 28, 2024
in La Provincia
Reading Time: 1 min read
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Canarian Youth Face 410-Euro Monthly Rent Hike Challenges
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Mission impossible. This is what leasing a property has become for young Canarians, who are unable to secure a flat even if they allocate their entire salary towards it. However, the situation extends beyond this; even if they devoted all their earnings to rent, they would still fall short financially, as the average rental cost in the Archipelago exceeds the salary of a young individual by 410 euros. This reality transforms the aspiration for independence into a completely unachievable dream for many.

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