Spain's Rent-to-Wage Ratio Hits Record 50% in 2025

The share of Spanish wages absorbed by rent climbed to a historic 50% in 2025, up from 38% in 2019, according to data released on Monday. The 12-percentage-point jump over six years marks the highest level in the historical series, underscoring a deepening housing affordability crisis. The surge leaves Spanish households allocating a record portion of income to rent, compared to a 38% burden just before the pandemic. The data highlight the widening gap between stagnant wage growth and soaring rental costs, squeezing disposable incomes across the country. No government comment was immediately available. The figures revive pressure on policymakers to address Spain's housing emergency, with rents outpacing wages at an accelerating pace.