How much does your neighbor pay for rent? This voyeuristic question can be answered approximately and since a few days ago thanks to the graph published by the media Newtral based on data from Idealista. The graph in question compiles the average price of the square meter in the houses around the subway stops.
And it shows certainties such as the impossibility of living in central areas like Malasaña. The price per square meter in the area around Tribunal is 37.20€ per square meter. Considering that the minimum legal size of a house in Spain is 30 square meters, this would result in a price of 1,116€: that is, 36€ more than the minimum wage in Spain.
Newtral reports on a detail of the graph (which is interactive and allows you to compare Metro stops with each other): “in those cases where the portal does not have a location centered on the station, a manual search has been done on the map with center in the station”.
Price differences between stations
There are sharp differences in Madrid such as those seen between Metrosur stops such as Julian Besteiro (in Leganes) with a price of 10 € per square meter against others such as Lavapies where the cost is three times higher.
Another profile of conclusions that can be drawn by looking at the graph speak of segregation and metro lines. Metrosur, line 12, does not have any stop with a price higher than 20€, while line 2 adds stations such as Gran Vía (30.75€), Goya (35.53€) or Retiro (36.90€).
In any case, a study (another one) that evidences or shows the tense and extreme situation experienced by Spain in general and Madrid in particular in terms of rents. Just ten days ago 12,000 people gathered in the streets of Madrid to protest against the price of housing under the slogan “It’s over: let’s lower the rents”.