71% of Spaniards Favor Mortgages Over Renting as Bubble Fears Rise to 56%
Updated
Updated · Euronews · Jul 13
71% of Spaniards Favor Mortgages Over Renting as Bubble Fears Rise to 56%
2 articles · Updated · Euronews · Jul 13
Summary
71% of Spaniards surveyed in February 2026 said paying a mortgage now offers better value than renting, up from 70% a year earlier, according to Fotocasa Research.
Record rental prices drove that view, while earlier rate cuts had made mortgages cheaper through 2023-2025, reinforcing home ownership as a financial refuge despite high purchase prices and savings barriers.
56% now fear Spain is heading toward a new property bubble, up from 54% in 2025, as both rental and home purchase prices keep climbing.
68% still see property as a good investment, but faith in ownership as a deeply rooted norm slipped to 68% from 72%, and only 40% expect Spain to move toward a more rental-led model.
The Housing Law still lacks public backing: approval edged up just 1 point to 28%, with an average score stuck at 4.7 out of 10, while the ECB's June rate hike adds fresh uncertainty.