Housing, population and region in Spain: a currently saturated property market with marked regional differences.

In this paper we analyse the property market in Spain within a regional framework, according to the boundaries of the Spanish Autonomous Communities. Our analysis is based on the central hypothesis that there is an oversupply of housing in Spain, although there are some regional differences within t...

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Published in:Geographical Journal Vol. 183; no. 2; pp. 126 - 140
Main Authors: Serrano‐Martínez, José‐María, García‐Marín, Ramón, Lagar‐Timón, David
Format: Article
Published: Wiley-Blackwell Jun2017
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Housing, population and region in Spain: a currently saturated property market with marked regional differences.
      aug:
        au:
          Serrano‐Martínez, José‐María
          García‐Marín, Ramón
          Lagar‐Timón, David
        affil:
          Department of Geography, University of Murcia, Campus La Merced, 30001, Murcia Spain
          Territorial Dynamics, Analysis and Management, University of Murcia, Campus La Merced, 30001, Murcia Spain
      su:
        Spain
        Housing market
        Debt
        Economic development
        Homeowners
        Economic history
        Finance
        Real property
      sug:
        subj:
          Housing market
          Debt
          Economic development
          Homeowners
          Economic history
          Spain
          Lessors of Other Real Estate Property
          Offices of Real Estate Agents and Brokers
          Finance
          Real property
      keyword:
        housing market
        property boom
        housing market
        property boom
      ab: In this paper we analyse the property market in Spain within a regional framework, according to the boundaries of the Spanish Autonomous Communities. Our analysis is based on the central hypothesis that there is an oversupply of housing in Spain, although there are some regional differences within this phenomenon. We first examine the stage known as the 'property boom', and we then produce an analysis that aims to simplify the housing market in Spain. After combining numerous variables and applying multivariate statistical techniques, we have obtained a classification with the following three categories: dried-up markets, saturated markets and less distressed markets. Our analyses confirm the fact that there are disparate realities throughout Spain, and even contrasting realities between the Autonomous Communities.
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    language: English
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