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Economy
Impact of Climate Change on Housing Prices in Spain
Global warming is progressively affecting various aspects of daily life, including well-being in cities, health, agriculture, and tourism. A study conducted by three Spanish experts in economics has revealed that climate change is also impacting housing prices, both in terms of purchase and rent.
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Climate change, understood as the global variation of the Earth's climate and its effects on natural and human systems, has become one of the greatest concerns of the 21st century. This phenomenon, driven mainly by human activity and the emission of greenhouse gases, has direct and indirect repercussions on multiple economic sectors, including real estate. The relationship between climate change and the housing market in Spain is part of a broader context of urban vulnerability and adaptation to extreme phenomena, such as heatwaves, floods, and rising sea levels. The impact of climate change on the real estate market is not uniform and varies significantly between regions. For example, coastal areas that are susceptible to rising sea levels, such as some parts of Andalusia, Valencia, Catalonia,...
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