In the heat of unemployment and job insecurity, more and more young people in Spain aspire to achieve financial freedom by investing in rental properties. Is this a possible dream to achieve for a mileurista? Some claim that they are getting it, as we will hear in this episode of the podcast. However, real estate adviser and consultant Gonzalo Bernardos warns that earning money with rentals "is very difficult" and recommends waiting to start investing.
The economist, director of the master's degree in real estate management at the UB, explains the risks that those who opt for this type of investment may suffer. And he warns that leverage is an ally to exponentially increase profitability, but also a double-edged sword. Chaining mortgages to multiply wealth is not always a good strategy.
'Pocket' is a fortnightly podcast that offers information, experiences and advice to learn to better manage ourselves in the complex world of domestic finances. You can also listen and subscribe to the "Pocket" podcast through audio platforms such as Spotify, iVoox, Podtail, Podimo, Google podcast or Apple Podcast.
If you want to contact the "Pocket" team of La Vanguardia to participate in future podcasts or suggest a question about finances of your interest, you can send an email to bolsillo@lavanguardia.es.
