Are There Any Thirty Somethings Left?

Published on 16/02/2009 in Expat Life

Young coupleWhen we came out nearly five years ago it felt like everyone was a thirty something. For every retired couple, there was a thirty something family that had just landed and was ready to go for it all guns blazing.

They were mainly people who had bought at the right time in the UK and then sold their houses and brought huge sums of equity out to Spain, enough for a deposit for a house and leftover for a rainy day or two. Nevertheless, not everyone was as well equipped, some only brought enough for a couple of months rent hoping to find some work along the way.

Needless to say, they went back not long after they arrived once the funds ran dry and there wasn't enough to keep them going for another couple of months of job hunting. However, even those that had the substantial rainy dash stash are feeling the strain as it continues to pour. This is predominantly due to the fact that many of them worked either directly or indirectly in the real estate field.

Today, those zealous characters are a bit thin on the ground, if they exist at all. If anyone does come out to Spain with big plans, I would like to think that people aren't so cruel as to completely laugh in their face but they do tend to share knowing smirks.
People are disappearing and fast, more often then not without saying goodbye. Those clutching on at the few last straws that are left have seen Christmas out and now it is New Year  they are ready to embark on the next stage, forced to make the decision of staying or leaving.

It amazes me how many people have held out for so long but they have had to sell themselves short over the past year just to make ends meet. Then there are those that may still be doing okay financially but have just had enough. They just don't want to be surrounded by desperate Brits or are exhausted with the Spanish dream. They are tired of a beaurocratic system that just once you think you have the hang of it whips something else out to send you back ten steps and questioning why you ever bothered.The realisation that they will never get the "hang of it" is causing them to throw in the towel once and for all.
Spain isn't the same Spain that those thirty somethings enjoyed six or seven years ago, when they smugly enjoyed a supermarket bill a third less that their counterparts in the UK, allowing them to dine out on average a couple of times a week. This is no longer the case, as they discover that Asda is now cheaper than Mercadona and they are uninspired by the restaurant menus that haven't evolved since they arrived nearly a decade ago despite the prices doubling.
For those that have had their fingers burnt once too many times they just want to go home now. They won't be going back to the thriving country that they left behind but they understand the system and they have a rough idea of how to go about things properly. There are others who will do what they can to ride it out and stay, they love Spain, warts and all. If they can get through the current economic climate, then they will still be here to witness the next influx of thirty somethings when they come out to fulfill their dreams and maybe even some returnees who realised that although the grass was literally greener Spain still holds an appeal.

Written by: Susan Pedalino

About the author:

Women In Spain

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Rob in Madrid said:
25 August 2009 @ 19:35

unfortuntely it is going to be a long long time before Spain recovers, it needs to go through a major internal devaluation (think Ireland) before competiveness can be restored. spend a bit of time with Edward Hugh and you'll see what I mean

heffin said:
19 February 2009 @ 19:12

Yes I agree with 'Polski', Over the last few years the Spanish have reaped huge rewards from the british expats and others who have brought homes in Spain for retirement and holidays.

But they hav'nt done themselves any favors - knocking down villas (built on illegal land!!), the relentless bureaucratic nonsense which seems to plague every urbanisation and now the Euro/Sterling exchange rate seems to be the final nail in the coffin for many would-be Spanish affectionadoes.

polski said:
17 February 2009 @ 19:27

It all seems really sad to me. we were intending to move to spain a year ago. things in the uk stopped us. maybe it was for the best. maybe the timing wasnt right. we have a place in cabo roig, its put us off a bit, but ive not given up hope. after all, it cant be like this for ever. lets hope that things pick back up, and the spanish authorities decide to help us not hinder us.

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