He access to housing It has become one of the great social and political battlefields in Spain. While the price of rentals and the purchase of floors shoot over wages, the debate focuses between those who denounce speculation and who They point to the citizen for their lack of savings.
In this sense, Pascual Ariño, Spanish real estate investor resident in Andorra and has 16 homes, has reopened the debate about access to housing in Spain after his intervention in the program ‘La Sexta Xplica’, where he has defended the Savings culture and financial discipline as keys to access a property.
“When I was twenty -five years old, I had a payroll of 1,500 euros and had to pay a mortgage, a car and arrived just,” the investor said about his first years in the labor market and the need to look for additional income to reach the end of the month. “What I had to do is rent rooms and control myself,” he adds.
Insists on the importance of savings
Thus, the businessman underlines the importance of prioritizing savings over other consumption habits, referring to a program participant who, after calling him “speculator” and Ariño knowing that he was a smoker, recriminated him for spending 200 euros per month in tobacco. “That is 2,400 euros a year and, after 20 years, there are more than 30,000 euros. With that money you can buy a housing perfectly,” he said.
His testimony generated an immediate reaction among those present on the set, where part of the public and some Tertullians described their speech as excessively moralizing and not very sensitive to the socioeconomic reality of many young people and Spanish families, thus reviving the debate on the capacity of savings, responsibility and barriers that hinder access to housing.
Tax increase
However, part of the housing problem, according to Ariño, is also due to the increase in taxes, citing the case of garbage tax as an example of the growing fiscal pressure that, in his opinion, further complicates access to housing. “Taxes are increasingly high and that makes it very difficult to save and access a property,” he denounced.