Henry Fudge
Region: CH
Sunday 11 October 2026 15:11:10 GMT
33284
3536
157
292
Music
Download
Comments
Theya 🏴 🟥🟨🟪 :
Many housing problems in Spain are worsened by tourism and short-term rentals. If you visit, please stay in hotels or licensed accommodation rather than unlicensed Airbnb-style flats. If you move to Spain while keeping a foreign remote salary, be aware that locals often cannot compete with your purchasing power. If possible, choose an area that is not already under housing pressure. Local people need homes near their jobs
2026-10-11 19:56:12
90
Ian :
Surely it’s not the rentier black hole?
2026-10-11 15:19:10
163
TZ :
In Spain, there are more than 2 million vacant homes that either have no owners or are owned by banks and have also been vacant for years. We could start collecting on the bailout debt from the banks, because they haven't paid back anything.
2026-10-11 20:36:55
77
Homer Simpson :
Add mindset of old people who have zero solidarity towards the young even if its their own family. They happily stay in their large apartment and rent out their second property and let their grandkids suffer in small expensive rental properties
2026-10-11 17:12:47
77
Banker :
I live in the us, I bought a house in Barcelona in 2011 thinking I would use it. I sold it in 2022 after tenting it out for 8 years. The buyer was a Spanish citizen from Madrid l. I don’t know if they moved in or rented it out
2026-10-12 20:35:51
0
cs news :
The problem is real, but the "solutions" offered are from useless to actively harmful. The current government has passed a raft of measures that forces landlords to extend rental contracts, to give renters a year's rent if they want to take the property back at the end of the contract, and a ban on evictions even if they stop paying (owner must also pay water, gas and electric if the renter stops). This benefits people already in a property but it hugely increases the risk of renting, which means small owners will withdraw from the market and the bigger ones will raise prices to cover risk and in response to decreased supply. All cheered on by the protesters who don't realise how this is going to hurt them. Meanwhile the opposition has decided to propose help to buy, which will simply result in an increase of prices to account for that help. Anything but build, it seems.
2026-10-11 15:58:33
21
Nightwolf x :
Many retired people from Central Europe and from Nordic w have bought a lot of homes in Spain and Portugal and inflated the prices ..
2026-10-11 15:59:15
151
enriquesarrin :
A lot of thanks for covering the issue. As a Spaniard I really appreciate finally getting an explanation on why prices have shot up so drastically this past few years ♥️♥️
2026-10-11 16:35:14
26
Peki :
In my country Serbia we have a massive problem that we essentially don’t have a financial market and every savings small or large aggregate in housing. Aside the unrealistic high prices that makes for a weird dinamic where builders are building small disfunctional units (easier to sell 20sqm studio than a real livable 3 bedroom apartment). So now if you’re trying to buy a home to live in it’s both expensive and you don’t really have much decent options. Just a fun fact our real estate market has billions in yearly volume and the Belgrade stock exchange has days where the total trade volume is well below 10k euros a day.
2026-10-13 11:26:05
0
iorch mciorch :
Great analysis, but you are missing a couple of things: 1) The protests isn't just against the vulture funds, but rentism in general. Vultures just recieve a lot more hate because their case is so much more egregious. People are very aware of "Pacos" and "Manolos" with 10+ apartmentsand their toxic practices. 2) Accelerating construction is a delicate issue. From the 80s all the way to 2008 we built A LOT. Too much. We had a colossal housing bubble and when it crashed it not only destroyed mortgages but an entire job sector. "Just build more" echoes the false prosperity of the time when conservatives and big developers called for deregulation which led to shady bussiness practices and massive criminal enterprises which put both PP and PSOE leadership in prison. 3) Building more is also met as a sort of patch, when we still have the gaping wound of our public housing being sold off to (you guessed it) private investors. We consider it more urgent to get back our public housing and regulating the existing private sector before we start building more only to see it end up in the hands of the sane rentiers anyway.
2026-10-13 11:51:11
5
Rafaelinho19 :
is also really important the demographic distribution. Big cities are full and the rest of the country is getting empty
2026-10-13 06:53:37
1
Jorge Navalón :
You are missing an important factor, age. The mean year of birth of people purchasing homes is the same as 40 years ago. There are no young people buying houses because they are all being bought by the same people that already own houses
2026-10-11 16:45:23
31
Robert302 :
Vulture funds are a problem in the Irish property market too😡
2026-10-12 19:56:09
0
pauloxtheworld :
Hi @Henry, great video as always, however, the 8% of homes owned by foreigners funds is a number the whole country, right? Wouldn’t it be a better analyzes to use the % owned in major cities like Madrid, Barcelona, Valencia and etc? Because it’s in those areas where there a housing crisis, so mixing the numbers of these cities with minor cities and semi-rural areas doesn’t seem fair
2026-10-12 13:37:30
0
Spike🇬🇧🇮🇪🏴 :
Property is a productive asset that provides accommodation for people, as does a hotel. The occupants can choose to rent or buy. They either rent the house or they rent the money (mortgage) if the market value of the property is comparable to its rebuild cost then the market is in balance.
2026-10-13 05:33:24
0
Denis O'Leary :
I wrote a f*ck Blackstone comment and deleted, glad I watched to the end. How do we end them 😭
2026-10-11 18:35:58
22
jp84873 :
You are downplaying the tax issue I think. Because the tax is so high many people only ever buy one house in their lives. Where I live in Pozuelo near Madrid a lot of the big family houses are taken up by older people whose kids left decades ago. The liquidity of housing is absolutely horrendous here
2026-10-11 16:12:56
18
j.renero :
So, in basic terms, the solution you’re proposing is to make rent-seeking activities less profitable through higher taxation, thereby encouraging capital to move toward more productive investments or employment, where it can generate greater economic and social value. Is that correct?
2026-10-11 16:38:35
8
thru_the_eye_of_needlez :
literally the only person that my dad will listen to btw
2026-10-11 16:00:08
10
user7897897897897897897 :
You also have a lot of places where having an empty apartment isn’t taxed so properties will sit vacant for years rather than even being rented because why not. I knew someone who wanted to rent to 5 people, could only find 4 and so didn’t rent it all. Tax every residence.
2026-10-11 17:26:55
11
Martin83 :
Wow! A Spaniard here living in Madrid.... I can't thank you enough for you read of the actual situation, keep it up !!!
2026-10-11 20:25:31
16
RealHedi :
Great video as always 👏👏
2026-10-11 15:24:45
11
noknok :
Can you talk about the housing vs salary in Portugal? I am interested to know if these equity firms also are part of it, as we don’t really hear about it here
2026-10-11 17:28:57
10
xavivars :
One of the challenges (at least in some areas) is that elasticity doesn't really matter. On my hometown (12k people), on a popular real state online platform, you can find over 750 properties on sale. But if you filter them down to what an average person can really on given the median and average salary (~1500-1800€ a month), there are only 50 properties below 300k, and only 17 below 200k (and all of them need heavy renovation investment). Which means, at the same time, plenty of empty houses and noone who lives here can neither buy or rent
2026-10-11 19:29:13
20
Fleur Sidra :
Most of these byzantine license regimes were developed to extract "luvas"(gloves) or "blue bags" of cash as we call them in Portugal over the border. Some of this is technically legal because of the network of middlemen.
2026-10-11 15:45:46
9
To see more videos from user @henryfudgeofficial, please go to the Tikwm
homepage.
