High cost of acquiring a apartment is blocking our path
In the world of thought-provoking television, Literal stands out as a unique and engaging show. Broadcast every Thursday on Play's website, podcast, and YouTube channel Playz, Literal is a multi-platform show that delves into major issues affecting a generation, with a particular focus on Spain.
One of the most pressing issues Literal tackles is the country's housing market. Historically, 80% of the urban population in Spain lived in rented housing in the 1950s. Fast forward to the present day, and the situation has drastically changed. In Spain, an alarming 92% of young people's average salary is spent on rent.
The housing market in Spain has shifted towards a speculative logic. After the financial crisis, large investment firms such as Blackstone and Goldman Sachs bought social housing in Spain and speculated with these properties. Albanta San Román, a prominent figure in the show, states that housing was sold as a safe asset, but the crisis proved the opposite.
The transfer of wealth in Spain is estimated to exceed three trillion euros by 2040, and the rise in rents, driven by the influx of digital nomads, has only exacerbated the issue. Spain is the third country with the most digital nomads, and cities like Valencia and Malaga have seen a significant increase in rent prices.
Literal is not just about presenting facts and figures. The show combines verified data, cultural references, social media participation, and personal experiences to create a compelling narrative. The six chapters of Literal are dedicated to major issues that affect an entire generation, including tourism, youth culture, and geopolitical tensions.
Understanding the present requires asking uncomfortable questions, according to Literal. The show proposes a pause to think out loud about uncomfortable questions related to current issues. It encourages viewers to question the status quo and to seek solutions for the challenges facing our world today.
Whether you're looking for insightful discussions on pressing issues or a fresh perspective on the world around you, Literal is a must-watch. Tune in every Thursday to join the conversation and contribute to a more informed and engaged society.
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