Housing access has become one of the major challenges in the real estate market. During his participation in Onda Cero Catalunya, Oriol Canal, CEO of BUCKINGHAM Property Advisors, analyzed some of the factors that explain this situation.
The first of these is structural: for years, housing demand has grown at a much faster pace than construction. This lack of supply has increased competition among buyers and renters, pushing up both sale and rental prices.
When supply is insufficient, those with greater economic capacity have an advantage, making it difficult for many families seeking housing to access it.
To this scenario, another significant challenge is added. Although large cities concentrate a large part of the demand, many people do not consider moving to other areas because there are still deficiencies in infrastructure, public transportation, healthcare services, educational centers, and job opportunities.
On the other hand, certain regulations have also generated uncertainty among many landlords. In some cases, this situation has caused some rental properties to leave the market to be sold or used for other purposes, further reducing the available supply.
At BUCKINGHAM Property Advisors, we believe that improving housing access requires a global vision: increasing supply, creating a stable framework for owners and investors, and continuing to develop infrastructure that makes areas outside major urban centers more attractive.
Because only by balancing supply, demand, and long-term planning will it be possible to move towards a more accessible and sustainable real estate market.