Rents: 1 in 4 tenants had to move due to not being able to pay

Since the repeal of the law of rentalsmore than a year ago, the market changed. Two-year contracts, inflation updates every 3 or 4 months and a greater increase in stock are part of the current rental panorama.

However, despite the slowdown in prices evidenced by the rentalstenants remain in a difficult situation. According to the latest socioeconomic report of the National Tenant Survey, carried out by Inquilinos Agupados and Ni Una Menos, this year there were strong increases in the rental value, with shorter terms, with monthly or quarterly updates and adjustment mechanisms that do not contemplate increases in rent. salary. This caused many tenants They go into debt to be able to meet the basic expenses related to housing. Below are the main conclusions of the report.

Rentals: 1 in 4 tenants suffered economic eviction

25% of those surveyed (1 in 4 tenants) indicated that he had to move in the last 3 months because he could not afford the price of the rent. Of this universe, 94% have contractual conditions outside the law of rentals. Under the law of rentals Only 6% responded that they had to move because they could not pay the rent.

44.6% of the total household income is used to pay rent and expenses

In those rentals that began in 2024, the incidence of housing rental expenses in the household budget amounts to 44.6%. This explains the serious situation to be able to make ends meet.

87.8% of tenants believe they will have difficulties paying their rent

49.5% of tenants Respondents are sure that they will have difficulties paying the rent in the coming months and 38.3% responded that perhaps they will. Only 12% responded that they will be able to afford the payment.

45% of tenants reduced expenses on food and 48.4% on health

Among the responses surveyed, 91% of tenants stated that they had to relegate several fundamental expenses to be able to pay the rent. In 44.9% of cases they reduced expenses on food and in 48.4% of cases on health. 90% cut outings, shows, restaurants. 84% cut back on clothing. Only 9% responded that they had not had to cut any expenses.

During 2024, rental prices increased 205%

Average rental values ​​are observed to be 20% higher than those surveyed in September. The evolution of rental prices in 2024 doubled inflation.

Only 10% of tenants are under the conditions of the rental law

They have terms of 3 years and are updated annually by the Lease Contract Index.

51% of tenants work between 9 and 12 hours a day. 40% have more than one job

Jobs with low salaries and expensive rents force multi-employment and working longer hours.

31% are looking for work. 6.4% responded that they had lost their job

Throughout the year, the search for work (to work more) and the number of tenants who lose their jobs increases.

66.5% of contracts are for 2 years and 23.4% for one year or less

In contracts signed based on the DNU, the 3-year term is only present in 10.3% of cases. On the other hand, the share of shorter rental contracts grew strongly. Those with a period of less than or equal to 1 year represent 23.4% of the cases. And contracts between 1 and 2 years are now the most frequent, in 66.5% of the cases surveyed in December.

70% of contracts have increases every 3-4 months

On average, 7 out of 10 tenants who signed a contract in 2024 have increases every 3-4 months.

Increases due to inflation

64% of contracts update the price tied to inflation. 30% under the ICL.

Expenses represent, on average, 20% of the rent

In 2024 there was a sharp increase in expenses. The consortium administrations took advantage of transferring repairs, repairs and other expenses to the tenants.

The average age of emancipation is between 26 and 30 years old.

The conditions that the real estate market requires for rental income (guarantees, blank pay stub, etc.) plus the high prices, make it impossible for young people, with low salaries and a high percentage of unemployment, to emancipate themselves.