Finding student housing has evolved into an increasingly difficult process where financial capability alone is no longer sufficient to secure a rental. According to recent data, obtaining a room has effectively transformed into a competitive race for applicants.
To mitigate perceived risks, property owners are placing strict new prerequisites on prospective tenants. Specifically, eighty percent of landlords now demand a joint and several parental guarantee (aval solidario) from students before agreeing to rent out a room.
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