Housing pressures and structural challenges facing the Spanish economy

Letter from the Editors

EU rearmament

The limitations of European rearmament

Europe has the economic scale and industrial capacity to build credible military capabilities. Yet, national procurement practices and fragmented industrial ...

Bank capital

Bank valuations and the effects of excess capital

European banks are holding capital well above supervisory requirements, even as regulatory simplification rises up the policy agenda. Yet this may be ...

Spanish economy

Geopolitical risks and the outlook for Spain’s growth cycle

The Spanish economy is expected to continue growing faster than the eurozone in the coming years, although the expansionary cycle is likely to lose momentum as ...

Regional financing

Reforming Spain’s regional financing regime

The Ministry of Finance’s 2026 proposal seeks to overhaul the common financing regime, reduce disparities, and expand regional resources. But its fiscal ...

Housing market

Housing market expectations and the risk of a new bubble in Spain

The sharp rise in house prices in 2024–2025 has renewed concerns about a new housing bubble. While macroeconomic indicators point to strong fundamentals ...

Rental markets

The growing challenges of renting for young Spaniards

Half of all Spaniards under 35 who have left the parental home now rent, with most living in large cities where demand is most concentrated. High prices and ...

Wealth transfer

Inheritance and inequality: Spain′s widening wealth divide

Wealth inequality in Spain has intensified along both intergenerational and intragenerational lines, driven largely by housing market dynamics and uneven ...

Housing affordability

Housing affordability in Europe: Long-term implications and lessons for Spain

The European experience shows that rent controls and demand subsidies often produce short-term relief at the cost of long-term distortions. In Spain, ...

Tourism tax

Effects of the introduction of a tourist tax

Tourist taxes are often criticised for undermining the competitiveness of destinations. However, in locations experiencing overtourism, a well-designed tax can ...

Regulation and Economic Outlook
Recent key developments in the area of Spanish financial regulation
Prepared by the Regulation and Research Department of the Spanish Confederation of Savings Banks (CECA)
Key Facts
Economic Indicators
Financial Indicators
Social Indicators