The house It is still a big problem to solve. Most Spaniards cannot afford to enter a mortgage or low interest rates because the price, in reality, only makes it up. And the solution they have put on the table the real estate promoters is to launch a 70 -year mortgage that can be left in inheritance to the children.
Given this desperate situation, the promoters have launched an idea to the desperate. “Who tells us that we are going to see real estate mortgages in Spain to 70 years inherited?” Reflected Raúl Guerrero, CEO of the Gestilar Group, at a conference.
Even if it is a measure that in principle can squeak, seem crazy or unrealistic, the truth is that it would allow young people to buy and hence the concept. “Having access to housing in a broader period of time, but with smaller quotas that would save,” explains Massimo Cermelli, professor of economy at the University of Deusto.
“What they are doing is that, by distributing the amount in many more years, It is assumed to buy a more expensive home“says Antonio Gallardo, head of Studies of the Financial Users Association (ASUFIN).
The problem goes much further. Real estate promoters believe that the escalation of housing prices in recent years will produce a collapse in the market that will paralyze production in about three years, so They are the ones who ask for different measures to stop the problem of the lack of soil and the increase without stopping the prices.
