El Banco de España dice que la situación va a ser peor. En 2028, España necesitará un millón de viviendas más. Soledad Núñez, del Banco de España, explica que la oferta es muy baja.
Spain Needs More Homes: A Growing Housing Crisis
España necesita más viviendas
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El mercado de la vivienda en España tiene un problema. Desde 2021, hay muy pocas casas nuevas.
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Watch out, English speaker
Key vocabulary
- viviendaf.
housing, dwelling
“Faltan unas 755.000 viviendas.”— About 755,000 homes are missing.
Pattern mercado de la vivienda housing market
Compare casa f. house
Plural: viviendas
💡 From the verb vivir (to live); -ienda is a noun suffix meaning 'place for living'.
- mercadom.
market
“El mercado de la vivienda en España tiene un problema.”— The housing market in Spain has a problem.
Pattern mercado inmobiliario real estate market
Compare comercio m. commerce
Plural: mercados
💡 From Latin mercatus, related to mercadear (to trade).
- faltarv.
to be missing, to lack
“Faltan unas 755.000 viviendas.”— About 755,000 homes are missing.
Pattern faltar algo to lack something
Compare carecer to lack
Indicative present: falto, faltas, falta, faltamos, faltáis, faltan
💡 Related to falta (lack); note that the subject is the thing that is lacking.
- preciom.
price
“Esto hace que los precios suban mucho.”— This makes prices rise a lot.
Pattern subir de precio to rise in price
Compare coste m. cost
Plural: precios
💡 From Latin pretium, related to apreciar (to appreciate).
- bancom.
bank
“El Banco de España dice que la situación va a ser peor.”— The Bank of Spain says the situation will get worse.
Pattern Banco de España Bank of Spain
Compare entidad f. institution
Plural: bancos
💡 Note that Banco de España is the central bank of Spain.
- situaciónf.
situation
“El Banco de España dice que la situación va a ser peor.”— The Bank of Spain says the situation will get worse.
Pattern situación económica economic situation
Compare estado m. state
Plural: situaciones
💡 From Latin situare (to place); the suffix -ción indicates a state.
- necesitarv.
to need
“En 2028, España necesitará un millón de viviendas más.”— In 2028, Spain will need a million more homes.
Pattern necesitar algo to need something
Compare requerir to require
Indicative present: necesito, necesitas, necesita, necesitamos, necesitáis, necesitan
💡 From necesidad (need); note the difference from necesario (necessary).
- ofertaf.
supply, offer
“Soledad Núñez, del Banco de España, explica que la oferta es muy baja.”— Soledad Núñez, from the Bank of Spain, explains that supply is very low.
Pattern oferta y demanda supply and demand
Compare suministro m. supply
Plural: ofertas
💡 From Latin offerre (to offer), related to oferta (offer).
Grammar spotlight
faltar: to be lacking
A2Faltar means 'to be lacking' or 'to be missing.' The subject of the sentence is the thing that is missing, not the person or place that lacks it. For example, in Faltan viviendas, the subject is viviendas.
“Faltan unas 755.000 viviendas.”— Faltan unas 755.000 viviendas.
⚠️ Do not write Falta viviendas, because viviendas is plural, so the verb must be faltan.
Sentence patterns to steal
El mercado de la vivienda en España tiene un problema.
The housing market in Spain has a problem.
El mercado de + noun + tiene un problema.You can replace mercado de la vivienda with other fields, such as el mercado laboral.Desde 2021, hay muy pocas casas nuevas.
Since 2021, there have been very few new houses.
Desde + year, hay + quantity + noun.You can replace the year and the noun, for example: Desde 2020, hay muchos coches nuevos.En 2028, España necesitará un millón de viviendas más.
By 2028, Spain will need a million more homes.
En + year, + subject + necesitará + quantity + noun + más.You can replace the year, subject, and noun, for example: En 2030, China necesitará más energía.
Spain's Housing Crisis
Spain has had insufficient housing supply since 2021, which has pushed prices up. The Bank of Spain warns that by 2028, one million new homes will be needed. This reflects a long-term imbalance between supply and demand in Spain's housing market.
Source: Based on Expansión news and Bank of Spain reports
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