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Pain in Spain

Pain in Spain

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Spanish Twenty-Somethings Can Look Forward to Years of Doing It in Fairly Uncomfortable Places

What do you get when you mix 52 percent youth unemployment with the highest home ownership rate in the European Union? A culture that disdains rental homes and “millions” of Spanish 20-somethings living with their parents and getting it on in the backseats of their automobiles, according to the founder of a real estate website that’s promoting renting as a potential salve amid the nation’s real estate bust. From a Bloomberg story on the Spanish housing market: Read More