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Can a middle-income family live 15 minutes from the centre of Madrid?

The popular mayor of Madrid, José Luis Martínez-Almeida, assured this Monday that anyone with an average salary can live in a rental just 15 minutes from the center of the capital. A statement that LaSexta was able to dismantle simply by observing the prices of rental housing in this area of ​​​​the center of Madrid. A clue, no monthly payment falls below 1,000 euros.

David González is responsible for the Marqués de Vadillo office in Redpiso and, as a good connoisseur of the current real estate market, he affirms that “A person who wants to go alone, it’s really complicated”. And the apartments for rent do not go below 1,000 euros: “They must earn more money than a bullfighter,” González says ironically.

Difficult conditions that the mayor of the city did not hesitate to put into perspective in an interview, when the journalist asked him if it was necessary. “leave the center of Madrid”in the case of wanting to “access housing with an average salary”: “Only 15 minutes away”, specified the popular mayor.

Thus, laSexta traveled more than 15 minutes from the center by public transport reach the outlying districts. On the map above these lines, these areas are painted in yellow. In their country, an apartment of 70 square meters costs an average of 1,150 euros per month.

If you compare them with the average net income of Madrid, this is what happens. Subtracting taxes, the sum of two average salaries in Madrid rises to 3,990 euros the twelve monthly payments, of which almost 30% (29%) must be devoted to paying for an apartment of 1,150 euros per month to have a home. A high percentage and yet it is not the most normal.

In fact, an average house in Madrid enter 3,580 eurosso to rent the mentioned apartment they spend 32% of their income. This is the real situation, and almost ideal, for those who live 15 minutes or more from the center. People who survive more and more, more than they live.

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