Madrid's Housing Crisis: A Deep Dive into Usera's Unaffordable and Uninhabitable Properties

A recent video investigation by journalist and political scientist alvaro95barco has shed light on the alarming state of the housing market in Usera, Madrid, for properties priced under 160,000 euros. The report, uploaded on August 29, 2025, meticulously details the financial hurdles prospective buyers face, requiring approximately 48,000-50,000 euros in savings for a down payment and expenses, alongside a net monthly income of 1,800 euros. The investigation reviewed 30 properties within this price range, revealing a troubling trend. "Most of these properties are either illegally occupied, converted basements or garages, or simply not fit for living," stated alvaro95barco in his video. He highlighted examples such as a 24-square-meter basement apartment described as a 'passageway with a bed,' and numerous listings explicitly stating 'occupied illegally' or 'opportunity for investors, property without possession.' The video underscores a significant imbalance between housing supply and demand in the area, leading to what the journalist described as an ethical and moral crisis. "It's evident there's an imbalance between supply and demand, but where is the limit of what's ethical and moral?" he questioned, adding, "Will we normalize rooms for 100,000 euros?" The findings paint a stark picture of the challenges faced by individuals attempting to enter the property market in one of Madrid's working-class neighborhoods.