Spain's Student Housing Crisis: €1,000 a Month and Rising

Student Housing Crisis in Spain: Prices Soar as Demand Outpaces Supply Spain is facing a growing crisis in student housing. The cost of a bed in a student residence now averages over €1000 per month, with demand far exceeding the available supply. This is driving many students to seek more expensive alternatives or face difficulties finding accommodation. "The demand is enormous," says Sofía Vega, director general of Bravo Students, a student residence operator. "We started marketing later than usual, but the residence is practically fully booked." This reflects a broader trend across Spain, where many private companies are investing heavily in new student residences to meet the growing demand. However, the high costs are a major concern for students. One student, Alba, comments, "For my room in the residence, I pay €927." While some public and religiously-run residences offer more affordable options, these are often limited in number and highly competitive. The situation highlights the need for increased investment in affordable student housing to address the growing gap between supply and demand and ensure that students have access to suitable and affordable accommodation. The construction of an additional 5000 student beds is underway, offering some hope for the future.