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Household spending in the Balearics is the highest in Spain
In 2023, average spend for mortgage/rent and bills was 29% higher in the Balearics than in the rest of Spain.
Andrew Ede28/06/2024 07:49 Average rent in the Balearics more than two and a half times higher than ten years ago
The average is based on an 80 square metre apartment.
Housing in Mallorca and the concerns for social conflict
A message of a video by a group of residents in Sencelles was: "They are throwing us out of our homes, out of our town and eventually out of Mallorca."
2024 will continue to be tough financially for Mallorca families
Pay has nowhere near kept pace with prices, but as the same time there has been too much unnecessary spending.