# Daniel Fuentes releases new essay on Spain

25 October 2026 at 18:56

> Professor Daniel Fuentes examines Spain's generational economic shifts and housing crisis in his latest book, 'Nadie elige cuándo nace'.

**Daniel Fuentes**, a professor at the **University of Alcalá**, has released a new essay titled 'Nadie elige cuándo nace'. Born in **Ourense** in 1975, the Doctor in Economic Sciences examines **Spain**'s contemporary history through the lens of its different generations.

The book identifies a 2008 economic rupture affecting cohorts entering the labour market then. While per capita income and real wages grew between 2023 and 2025, home ownership for those under 34 has plummeted from two-thirds to just one-third since 2008.

Fuentes analyses growth, household income, public accounts, and housing to show how young people now take ten years longer to buy homes. He also notes that 2011 marked the first year the Spanish **Social Security** system ceased to operate with a surplus.


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