Pedro Sánchez, Spain’s prime minister, is concerned that far too many not-so-young individuals are still living with their parents in their thirties. So, therefore Spain may offer $300 monthly bribes to get adults out of their parents’ house.
On Tuesday (Oct. 5), he revealed that his government intends to grant adults aged 18 to 35 €250 ($290) per month in rental assistance for up to two years. Adults earning less than €23,725 ($27,398) per year will be eligible for the program. It is part of a larger housing strategy.
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In other property news -
Landlords in Spain are set to lose a percentage of their tax benefits as the new law kicks in this month.