On the Baleari, the housing crisis reversed migration processes. Residents of Spanish islands move to the continent – alerts the daily “La Vanguardia”. He emphasizes that the population on the archipelago is growing only thanks to foreigners.
“The housing crisis in Balearia begins to push the inhabitants of the Islands” – emphasizes the Catalan newspaper “La Vanguardia”, analyzing the latest statistical data on migration in this region.
Housing crisis in the Balearic
According to the newspaper, the opposite migration has begun in the last three years, and the inhabitants of the Mediterranean archipelago leave him, moving to Spain continental. This is the reversal of the trend that has remained over the years, when citizens were more likely to move from continent to the islands.
Palma de Mallorca, Balearia, Spainneme_jimenez/shutterstock
In the opinion of experts, the main reason is Crisis on the real estate marketwhich the archipelago experiences. The inhabitants of the islands believe that it is more profitable to live in other autonomous communities.
300,000 foreigners came
“The average price of an apartment in Baleari is about 350,000 euros. The same apartment in Kantabria is worth 153,000, in Asturia 119 thousand, and in Andalusia – 175,000 euros. For the price of one apartment in Baleari you can buy four in the estramadure, on average 90,000 euros for each” – calculates “La Vanguardia”.
The balearic population is growing only thanks to newcomers from abroad, mainly from South America. In the last 25 years, almost 300,000 have arrived at the archipelago of 1.2 million people. foreigners.
Source of the main photo: neme_jimenez/shutterstock