SpainBuying a house in ’ now requires more than 8 years of full salary

It is becoming increasingly difficult to buy a house in ’, Spain. In the year 2025 A worker had to dedicate 8.4 years of his gross salary to this jobAccording to research conducted by Fotocasa and InfoJobs, buying a second-hand house of 80 square meters.

The shape represents a sharp deterioration in the affordability of housingcompared to the previous year. In just 12 months, the effort required to buy a house increased from 7.1 years at 2024’te to 8.4 years at 2025’te with a 16-month salary increase.

Behind these deteriorating lies Increasing gap between wages and house prices. The announced wages increased by 1 percent in 2025’te, while second-hand housing prices increased by 20.5 percent, reaching an average of 2,879 euros per square meter.

“Spain is going through a process” Worst housing affordability crisis in history. María Matos, Head of Fotocasa Research and spokesperson for “, said: "Citizens have never had to pay for so many years to buy a house before."

Madrid and the Balearic Islands are the least accessible markets

Regional differences are still quite pronounced. The Balearic Islands are the most difficult autonomous region to access housing. Here, a resident must devote 15.1 years of his gross salary to buying an average home, which equates to 181 months' salary.

Madrid is just behindwhere the necessary effort has been achieved 15 years salary. In 2025 ’te, this was the area where the situation worsened the most: The time required to buy a house has increased by 34 months compared to the previous year.

Regions such as the Canary Islands and the Basque Country also exceed the ten-year salary, while Catalonia approaches this threshold in 9.4 years. On the other end of the scale Castile-La Mancha and ExtremaduraWhere buying a house requires a gross wage of about four years.

On May 24, 2026, during a protest in Madrid, ’, Spain, several people carry a banner that reads "Houses for residents of ’".

Only 17 provinces are allowed to buy a house with a salary under 5 years

At the state level, with the 15.1-year salary required to buy a house, the Balearic Islands are again at the top of the ranking. They are followed by Madrid (15 years). Malaga (12.9 years), Guipuzcoa (11.7 years), Santa Cruz de Tenerife (11.3 years) and Barcelona (10.2 years).

In return for this, Jaén is the most affordable province in the country. Residents need a three-year gross salary to buy an 80-square-foot home. Ciudad Real, Teruel, Toledo, Zamora and Ávila also stand out, and efforts fall under four years.

According to the study, only 17 provinces in ’ allow the purchase of houses with devotion. Gross salary of less than five full years.

The gap between wages and housing is widening

The report's authors warn that rising fees are not enough to offset the fluctuation in the real estate market. “2025’te recorded %1’ increase The rise in house prices is far behind.Mónica Pérez, Director of Communications and Research at InfoJobs, “Diyor. In his view, this gap is forcing people to work and accumulate for more years to buy a house of their own.

Study concludes housing is slowly becoming inaccessible Purchasing power of householdsespecially in overheated markets where the effort required to buy a home has nearly doubled the national average.

Air Canada pilots ready to strike over wage disputes

Air Canada's approximately 5,400 pilots, represented by the Air Line Pilots Association, announced that they were ready to go on strike from September 18 if higher wage demands were not met. The pilots are demanding equal pay with their counterparts at U.S. airlines, a statement that comes at a time when their 10-year contract, which expired about a year ago, continues without renegotiation. The absence of scheduled negotiations can lead to a prolonged strike, which can cause significant inconveniences and economic difficulties for passengers.However, the Canadian government has shown its reluctance to intervene in this dispute, contrary to the country's decision to end the work stoppage on the two main railways. Labour Secretary Steven MacKinnon, who ordered the end of the rail dispute, cited exceptional economic conditions for intervention. This reluctance to intervene in the Air Canada situation may have been influenced by political factors, such as the fact that Prime Minister Justin Trudeau ⁇ 's Liberal government depends on the support of the pro-union New Democratic Party ⁇ and the goal of securing union votes ahead of the next election by the end of October 2025. United ⁇ 's pilot contract, approved in September 2023 ⁇ , charges approx. %It increased by 42 and will cost the airline more than $10 billion over four years. By comparison, Air Canada pilots are expected to receive an annual approximation under their old contracts, which are still in force at this time. %The pay gap between Air Canada pilots and their U.S. counterparts is particularly pronounced among junior pilots. A comparison of wages showed that United ⁇ da third-year first officer ⁇ earned $196.03 an hour, while the same position earned $81.02 an hour at Air Canada ⁇ da. Air Canada is cutting back on our pilot effort, said Air Canada's president, Charlene Hudy.The Montreal-based airline said it wants to reach an agreement that acknowledges the pilots' contributions but also takes into account passengers' reluctance to pay higher fares. Air Canada is already facing declining earnings and is forecasting full-year earnings. %He dropped it by 18. Raymond James ⁇ 's Analysts on Pilot Fees %He estimated that a 5 ⁇ increase would cost an additional $70 million Canadian dollars for the airline. A recent dispute involving WestJet Airlines and its mechanics was resolved in just one day following the threat of strikes and the government's efforts to order binding arbitration.Reuters contributed to this article.

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