The biggest culprit of children’s addiction to screens is not the TikTok algorithm: it is the parents themselves

Having children seems to activate a part of the brain that forces us to say the repeated phrase “Leave the machine now,” referring to the cell phone or portable game console. Here, logically, concern about the screen time of the little ones monopolizes the conversations of the most current parents, but the reality is that science is beginning to see that the fault for these behaviors really lies with the parents themselves. A reality. The debate over whether children are born “addicted” to technology fades when we look at the empirical evidence. It’s not just that the devices are designed to capture attention; is that a child’s first and most powerful learning algorithm is to observe their parents who spend the day in front of the screen. Bandura’s theory. To understand why the little ones don’t put down the tablet, you first have to travel back a few decades, to psychologist Albert Bandura’s social learning theory. This theoretical framework, widely validated, establishes that children do not learn primarily by what they are told, but by observation and imitation, especially of those they perceive as close and competent, such as their parents. Literally, we are talking about sponges that do not lose detail of anything. Four phases. In order to learn through this route, it is first necessary for the child to pay attention to the behavior of his or her ‘reference’ adult, such as his or her father or mother. From there, he will begin to retain the pattern made by his caregiver in his memory, almost as a normative behavior, and develop the physical ability to imitate the gesture. But it goes further, since by observing reinforcements, such as their parents laughing when they see the cell phone, an association with a positive stimulus is created. This is really important because you see that doing that action is something that is not dangerous at all, but rather fun and enjoyable. Modern pediatrics. Beyond this theory, a recent meta-analysis Published this year in the prestigious journal JAMA Pediatrics, it has analyzed the impact of the use of technology by parents in the presence of their children. This brings together a total of 21 previous investigations and covers 14,900 participants from 10 countries, empirically demonstrating that there is a direct association between the time that parents spend in front of a screen and the time that their children end up spending with them. But in addition, it has also been seen how it can generate a negative impact on children’s cognition or an increase in externalizing behaviors such as tantrums or anxiety. The cell phone on the table. The disconnection created by the smartphone not only creates a role model, but breaks the two-way interaction that children need for healthy brain development. Something relevant is that 70% of parents admit to being distracted by their mobile phone when they are with their children, and here is a study in Pediatrics in 2014 where this phenomenon was observed; This phenomenon has already been observed in the fast food restaurant environment. According to your data40% of parents were so engrossed in their devices during meals that they ignored their children completely. But even worse was when children tried to get their attention, often escalating their behavior, and simply causing parents to respond more physically or verbally when they felt interrupted. The recommendations. The American Pediatric Association is quite clear pointing out that children under 18 months should completely avoid screens, and in the 2 to 5 year age group it can be introduced for a maximum of 1 hour a day and as long as high-quality and accompanied content is watched. Images | hessam nabavi In Xataka | We say we are “depressed” beyond our means: where does the illness end and where does the illness begin?

Argentina wants to get rid of parents who do not pay their children’s pensions. So he kicked them out of the football stadiums

To enjoy a soccer match in an Argentine stadium it will no longer be enough to have a ticket. From now on, fans must comply another extra requirementequally or even more important: being up to date with your children’s pensions. In an attempt to hit where it hurts most, the football heart of the nation that gave birth to Maradona, Messi or Di Estéfano, the authorities have activated a system that prohibits access to the fields to parents who ignore the costs of feeding their children. The Government has 13,000 people in its sights, defaulters whom it just got complicated for them also the USA World Cup. “They don’t enter the fields anymore”. The phrase is from Alejandra Monteoliva, Minister of National Security, who recently announced, via Xthe decision to close the stadium doors to those who are not up to date with their pensions. “Delinquent food debtors no longer enter the fields. Starting today, together with the Government of the City of Buenos Aires, we incorporate debtors into the Safe Tribune program. And they will no longer be able to go in to watch a soccer game,” explains Monteoliva before underlining the basic idea: “He who does not comply with his children, off the courts.” Is it something new? Yes. And no. ‘Safe Tribunes’ It is not a new program. Carry years applying in Argentina and its objective is to reinforce access control to sports events, although until now the focus has been focused mainly on violent fans, accused, convicted or with arrest warrants. It is basically dedicated to checking the documentation of those who go to the camps to check their history or even if they are carrying drugs or knives. For a while now some jurisdictions of the country, as Buenos Airesalso decided to veto sporting events for those who do not comply with the alimony of their minor children. As a reference, the Buenos Aires authorities they assure that since March 2025, 173 controls have been carried out that have made it possible to identify 150 “delinquent food debtors”, fans who were prevented from accessing stadiums or concerts. “So far in 2026 alone, 84 have already been carried out with 75 offenders.” What’s new then? That Argentina has decided to go one step further, combining and reinforcing both initiatives: ‘Safe Grandstands’ and restrictions on access to stadiums for parents with debts. For this, the Ministry of National Security and the Government of the Autonomous City of Buenos Años have signed an agreement that “marks a qualitative leap” in field controls throughout the country. The key is in the exchange of information, which will allow thousands of new names to be included in the ‘Safe Tribune’ red list. To be more exact, we talk about 13,000 people, “delinquent obligors” registered in Buenos Aires and 13 other provinces spread across the country, such as Chaco, Entre Ríos, Formosa, Tierra de Fuego, Santa Cruz or Tucumán. From now on all of them will have a difficult time when they want to watch games in the stadiums, at least as long as they do not catch up with the food pensions they owe. Click on the image to go to the tweet. “Consequences”. Alejandra Monteoliva has not been the only one to insist on the advantages of the system. Something similar has been done, too. via Xthe head of Government of the Autonomous City of Buenos Aires, Jorge Macri: “In the city a year ago we prohibited the entry of food debtors to stadiums and mass shows. Now, in joint work with the Government, we added our database to the Safe Tribune program to reinforce these controls throughout the country. Anyone who does not comply with an obligation as basic as feeding their children must have consequences.” Where it hurts the most. In his message, dated May 26, Macri left bouncing another fundamental idea: access controls with the debtor registry in hand will not only be done in the country’s stadiums; The idea is that they will also be applied during the World Cup. Milei’s team has sent a list to the US with more than 30,000 Argentine fans who have restricted access to the World Cup stadiums, which will start in a week in Mexico. And these include, confirms Monteolivathe 13,000 delinquent parents. It is not just another announcement or a declaration of intent. The new restrictions in Argentine stadiums have become official already in the Official Gazette and the Executive has also published a resolution (444/2026) announcing the sending to the US Embassy of information on people with restrictions to access sporting events. The measure is adopted based on the cooperation agreements signed between both Governments and its list would include the “alimony debtors”. Some sources they assure that the veto will extend to Canada and Mexico, the other hosts of the FIFA Cup. Is the problem so serious? In case the 13,000 registered in the system do not give a clue, in 2024 Unicef ​​provided another even more emphatic one: that year it published a report in which it warned that 56% of mothers living in Argentina do not receive child support when the father does not reside in the home, a percentage that rises to 68% if we include mothers who do not receive it regularly. Field access restrictions will only apply when there is a judicial or administrative resolution that demonstrates non-payment and the affected person appears in the official registry of defaulters. Images | Jimmy Baikovicius (Flickr) and Wikipedia In Xataka | The World Cup in the USA is making merit to be the most expensive in history: tickets are already reselling for 2.3 million dollars

When Jeff Bezos asked his parents for $240,000 to found Amazon, they asked him only one thing: “What is the Internet?”

In 1995, Jeff Bezos decided quit your stable job and well paid as an analyst on Wall Street to set up a business selling books online. At that time, Jeff Bezos was not the millionaire he is today, so he went to his parents and asked them for help investing in Amazon. His father’s first question was clear and direct: “What is the Internet?” Miguel and Jacklyn Bezos didn’t know much about this new technology, but they knew that their son was determined to make the most of it. According to the writer Brad Stone in the book “The dream store. Jeff Bezos and the era of Amazon“, Bezos warned his parents: “There is a 70% chance you will lose everything. “I just want to make sure I can come home for Thanksgiving if this doesn’t work out.” Without hesitation, the Bezos invested a good part of their life savings in their son’s project. Today, that initial investment has grown by 38,200% and is worth more than the GDP of Iceland and the Maldives combined, making his father so rich (his mother died in August 2025 at age 78) that, according to what he said The Wall Street JournalMiguel Bezos is hiring a CEO to manage the assets of his Family Office. The origin of a historic fortune In the mid-nineties, Mike Bezos, of Cuban origin and with family ties in a small Valladolid municipalitydecided to entrust the family savings to his son Jeff and, in the process, becoming the first investors after the founding of Amazon. According to documents According to the US Securities and Exchange Commission (SEC), the Bezoses’ initial investment was through the purchase of 582,528 Amazon shares and, just a few months later, they expanded their investment by purchasing 847,716 more shares. In total, 1,430,244 shares at a purchase price of 17 cents per share. That leaves a total investment of $243,141.48. As and as revealed Bloombergit is quite a fortune for a couple formed by a single mother who had to raise her son alone with a very poor salary while studying a career, and of a Cuban immigrant who arrived in the United States at the age of 16. After thirty years, if the initial investment had remained intact it would amount to about $92.9 billion. However, after various sales and donations of shares, the family wealth of Jeff Bezos’ parents exceeds $40 billion. CEO wanted for a fortune According to estimates by The Wall Street Journal and Bloomberg, Aurora Borealisthe company in charge of managing Miguel Bezos’s assets, was founded in 2020 and, if it were a person, it would rank 48th among the largest fortunes in the world. list of Forbes millionaires. Aurora Borealis is currently one of the family offices most relevant in the world due to its volume of assets. The company manages assets of a very diverse nature, from those founding shares of Amazon to investments in funds and philanthropy projects through the Bezos Family Foundation. The growing assets of Jeff Bezos’ father reached such levels that it became necessary to professionalize the team that manages it from Aurora Borealis, signing as CEO to Valeria Alberola, an executive with experience in managing large assets. For reference, the new manager of Amazon’s founding fortune managed the investment and philanthropy activities of Ben Walton, heir to Walmart. Their goal, to make Miguel “Mike” Bezos even richer. The story of Miguel Bezos’s fortune is not only relevant for having facilitated the founding of one of the largest companies in the world, it is also a unique phenomenon since it is unusual for a family loan of just under $244,000 to end up making the founder’s parents millionaires, and not external investors. Was a risky bet which turned out well, but could also have left Jeff Bezos banished from Thanksgiving dinners and his parents with a serious financial problem. In Xataka | Technological millionaires boast of ecological awareness. Their superyachts and private jets tell another story Image | Flickr (George W. Bush Presidential Center)

Jeff Bezos asked his parents for their life savings to found Amazon. They only asked him one question: “What is the Internet?

In 1995, Jeff Bezos decided quit your stable job and well paid as an analyst on Wall Street to set up a business selling books online. At that time, Jeff Bezos was not the millionaire he is today, so he went to his parents and asked them for help investing in Amazon. His father’s first question was clear and direct: “What is the Internet?” Miguel and Jacklyn Bezos didn’t know much about this new technology, but they knew that their son was determined to make the most of it. According to the writer Brad Stone in the book “The dream store. Jeff Bezos and the era of Amazon“, Bezos warned his parents: “There is a 70% chance you will lose everything. “I just want to make sure I can come home for Thanksgiving if this doesn’t work out.” Without hesitation, the Bezos invested a good part of their life savings in their son’s project. Today, that initial investment has grown by 15,500% and is worth more than the GDP of Iceland and the Maldives combined, making his father so rich (his mother passed away a few weeks ago) that, according to what he said The Wall Street JournalMiguel Bezos is hiring a CEO to manage the assets of his Family Office. The origin of a historic fortune In the mid-nineties, Mike Bezos, of Cuban origin and with family ties in a small Valladolid municipalitydecided to entrust the family savings to his son Jeff and, in the process, becoming the first investors after the founding of Amazon. According to documents According to the US Securities and Exchange Commission (SEC), the Bezoses’ initial investment was through the purchase of 582,528 Amazon shares and, just a few months later, they expanded their investment by purchasing 847,716 more shares. In total, 1,430,244 shares at a purchase price of 17 cents per share. That leaves a total investment of $243,141.48. As and as revealed Bloombergit is quite a fortune for a couple formed by a single mother who had to raise her son alone with a very poor salary while studying a career, and of a Cuban immigrant who arrived in the United States at the age of 16. After thirty years, if the initial investment had remained intact it would amount to about $72.6 billion. However, after various sales and donations of shares, the family wealth of Jeff Bezos’ parents exceeds $40 billion. CEO wanted for a fortune According to estimates by The Wall Street Journal and Bloomberg, Aurora Borealisthe company in charge of managing Miguel Bezos’s assets, was founded in 2020 and, if it were a person, it would rank 48th among the largest fortunes in the world. list of Forbes millionaires. Aurora Borealis is currently one of the family offices most relevant in the world due to its volume of assets. The company manages assets of a very diverse nature, from those founding shares of Amazon to investments in funds and philanthropy projects through the Bezos Family Foundation. The growing assets of Jeff Bezos’ father have reached levels that have made it necessary to professionalize the team that manages it from Aurora Borealis, signing as CEO to Valeria Alberola, an executive with experience in managing large assets. For reference, the new manager of Amazon’s founding fortune managed the family office of the Walton familyfounders and owners of the Wallmart supermarket chain. Their goal, to make Miguel “Mike” Bezos even richer. The story of Miguel Bezos’s fortune is not only relevant for having facilitated the founding of one of the largest companies in the world, it is also a unique phenomenon since it is unusual for a family loan of just under $244,000 to end up making the founder’s parents millionaires, and not external investors. Was a risky bet which turned out well, but could also have left Jeff Bezos banished from Thanksgiving dinners and his parents with a serious financial problem. In Xataka | Technological millionaires boast of ecological awareness. Their superyachts and private jets tell another story Image | Flickr (George W. Bush Presidential Center)

His parents built the Chinese economic miracle by working 12 hours a day. Their children have decided not to work almost at all

Working twelve hours a day, six days a week, was common in Chinese companies, especially in the technology sector. It is what is known as day 996 and fortunately, the government banned it in 2021. They did not expect that that same year a new concept called Tang Ping and it means just the opposite: doing the minimum to survive. Lay down on the couch. Its literal translation is ‘lie flat’, but we like the creative translation better. Tang Ping It is a social phenomenon that arises as a rejection of the culture of overwork and endless days that barely leave time to sleep. A person who follows a lifestyle Tang Ping He works the minimum necessary to survive and does not have great ambitions; He doesn’t want to buy a car or a house, he spends little on food and he doesn’t want to get married or have children. The latter has not been any fun in Beijing. National security concern. We have talked about the birth rate crisis that China is going through and how the government is doing literally everything for get young people married and have children, so this movement goes against everything they are promoting. The government’s discourse on this trend has taken on a more severe tone. Last April, They published an official warning in which they stated that it is an “ideological infiltration” financed by “hostile anti-China forces” with the aim of “eroding the minds of Chinese youth.” They have turned a lifestyle into a political act that must be repressed. The safety net. They count in Baiguan News that, to understand the rise of this trend, two social mechanisms must be understood. The first is that the parents of these young people were born in the 60s and 70s, so their professional career grew along with the economic development of the country and they are currently the richest demographic group in the country. This means that if their children have financial problems, they can provide support. The second factor is deflation, which is making everything cheaper. In China it is possible to eat for just 1 or 2 dollars in exchange, which makes it viable to live while spending very little money. If we add that youth unemployment is at 16.9% and job opportunities are shrinking, it is the perfect breeding ground for lying down. The generational contrast. The parents of these young people grew up in poverty and, if they worked 72 hours a week, it was not out of pleasure, but out of pure necessity and fear of continuing to be poor. That fear was the engine of Chinese economic growth and allowed the next generation to grow in the abundance that their parents built. The difference is that these young people do not feel that raising the country depends on them, nor do they feel the fear that drove their parents, and many have decided to put their well-being before their professional career. Image | HANVIN CHEONGUnsplash In Xataka | We have been talking about “day 996” in Chinese companies for years. The reality is more complex: “day 323”

C-3PO had a boner in 1977 and was seen on thousands of trading cards. Until the parents realized

As is well known, ‘Star Wars‘ was revolutionary in 1977 on many levels, but in no way was it more so than in merchandising. The story of the action figures and how Kenner beat Mattel by taking over the exploitation rights to the franchise is the most popular part of the story, but there are many other crazy anecdotes in a field that was literally beginning to be sown. For example, Topps launched a collection of trading cards with a very peculiar copy: 207 of the fourth series, with a nondescript image of C-3PO emerging from an oil bath. It lasted until the parents took notice. The sticker war. Sticker rights They were also disputed very briefly, as was the case with the action figures. Donruss, a company with experience in science fiction trading card collections, had the first option on the license and rejected it. Topps came in after some hesitation, put out a first series and watched it run out at an unprecedented rate. Five series later in 1977 alone, the film was still in theaters, and the company had to launch, with almost no time for revisions, series after series. For the fourth, the available photographs were almost the same as those already used in the first two, and that was where the problem arose. C-3PO oily. The controversial photograph showed C-3PO emerging from an oil bath. At first glance nothing seemed scandalous, but if you paid attention, the protocol droid seemed to have bypassed protocol with a large metallic appendage. The chrome earned its own nickname, “Golden Rod.” Parents’ complaints They didn’t take long to arrivethe letter was withdrawn and an airbrushed version produced. What happened really. There are three versions about the reasons that led to the error. The first, when in 2007 the official ‘Star Wars’ website published an explanation later removed: It was an optical effect because at the exact moment the photo was taken, a piece of the suit came off and was aligned in a way that suggested the obscene image. In his book ‘Star Wars: The Original Topps Trading Card Series, Volume One’, author Gary Gerani raised another theory: someone from the prop team on the set had placed a metal appendage as a joke between colleagues. Because. The most detailed explanation was given in 2019 by Anthony Daniels himself, the android’s interpreter, in promoting his autobiography ‘I Am C-3PO: The Inside Story’. According to the actor, the oil was real and C-3PO’s suit at that time consisted of two pieces of thin plastic (front and back) joined with gold-colored adhesive tape. The oil dissolved that tape and when Daniels left the bathroom, the pieces separated and formed a crease in the crotch that created the bulge. Additionally, the actor believes that a Topps employee, when processing the photograph, identified the crease and deliberately accentuated it. Error wanted. Paradoxically, the corrected version of chrome 207 is today rarer than the original. There are more than 1,800 copies of the card with the error compared to less than 700 of the amended version, since the error circulated for months before being removed, and the correction arrived at the end of the fourth series, with smaller print runs, and was quickly eclipsed by the fifth series. And how much is it worth? In medium condition it costs 30 or 40 dollars, but in good condition it can exceed 5,000. By the way: Daniels has systematically refused to sign the error card. Any copy with his autograph is a fake, he says. In Xataka | This Star Trek movie was canceled in 1977 because science fiction had no future. Two weeks later Star Wars premiered Header | Kory Westerhold on Flickr

donations from parents to children have skyrocketed

In the offices of Valencian notaries there is a procedure that has been gaining weight in recent years, and at an astonishing speed: the donations from parents to children who want to have their own home. Since 2019, the region’s members have confirmed a “boom” both money deliveries (they have almost quadrupled in just over five years), and home transfers, an operation that has also multiplied. The objective is always the same: to help young people get their head into a market increasingly expensive…and inaccessible. It makes sense if we take into account if we see who buys in the region. What has happened? That the Notarial College of Valencia wanted to accompany the presentation of its new statistical portal (a tool valid for the entire country) of a series of data on the residential market in the region. Among all of them there are three especially interesting ones that are connected to each other. The first is the gradual rise in housing prices, the second is the negligible weight that young people have in the buying and selling market and the third is the boom in donations from parents to children, both of houses themselves and of sums of money. How much is donated? Increasingly, this shows that family support has become a key ‘key’ for young people to open the doors of the market and make the leap from tenants to owners. The data is clear. And they leave little room for doubt. According to Valencian referees, home donations from parents to children have doubled between 2019 and 2025: from 3,015 they have gone to 7,776. In short, they have skyrocketed 158% in five years. That’s if we’re talking about properties themselves. If we look at monetary donations, those that are based on money and that facilitate the payment of deposits or the signing of mortgage loans, the increase has been even more pronounced. How much have they increased? Those kinds of donations have almost quadrupled. If in 2019 Valencian notaries managed just under 3,000 operations in which parents gave money to their children to facilitate the purchase of a residential property, last year that figure had already climbed to almost 11,100 operations. 279% more in just five years. This boom was registered in all provinces. In Valencia it went from 1,647 to 5,370; in Alicante, from 844 to 4,012; and in Castellón from 432 to 1,712. Regarding the average amount of donations, in 2025 they exceeded 75,000 euros. Does it only occur in that region? No. In fact, the data from the General Council reflect that it is a fairly widespread trend in Spain. In 2025 the group processed more than 225,300 donations throughout the country, a data that can be analyzed from several angles. To begin with, it is the highest indicator since at least 2011 and far exceeds the 85,300 operations a decade ago. If that were not enough, it marks a clear upward trend: between 2023 and 2024 donations registered an increase of 15.2%, a drift that was consolidated with another 13% in 2025. At the end of 2025 the General Council I already warned that donations and inheritances were “consolidating themselves as instruments of access to housing”, a phenomenon that connects with an even larger trend: the Great Wealth Transfer. His statistics were again incontestable. Home donations went from 32,623 in 2017 to 54,735 in 2024. Residential property inheritances also drew a similar curve: from 335,888 they rose to 403,854. What is the reason? To answer that question we must recover the two keys that we pointed out at the beginning of the article: the increase in housing prices and how this increase has been closing the doors of real estate agencies to young people. Again according to the data managed by notaries, the cost of residential m2 (both in new and second-hand homes) has skyrocketed in the last decade in the Valencian Community. In 2025 it stood at 1,676 euros, 69.1% more than in 2013, when that same indicator reached minimum levels dragged down by the brick crisis. If we look at the specific case of Valencia, per m2 is even more expensive: 2,489 euros. In Alicante it has climbed to 1,889 and in Castellón to 1,297. How does that affect young people? More expensive prices require a greater capacity for savings and debt, something that is not always within the reach of young people. Especially if they are tenants before making the leap to owners. In 2024, a study by Infojobs concluded that Spaniards spend on average 47% of your salary gross payment of the rent for your home, which far exceeds the spending threshold recommended by experts and strangles the ability to save. With this backdrop it is explained that donations and inheritances have come to play a key role as a springboard to make the leap to owner. Who buys? The ‘photograph’ provided by the notaries is once again quite clear. In 2007, young people between 18 and 30 years old they accounted for 21.58% of home purchases in the region. Now that percentage has plummeted to 8.39%, even below the national averagewhich is around 9.6%. As a reference, foreign buyers represent 36.9% of the total, although their weight is not the same throughout the territory. In the province of Valencia it represents 21.97% of the total buyers, while in Alicante it accounts for 51%. Images | Northleg Official (Unsplash) and Giuseppe Buccola (Unsplash) In Xataka | If the question is “why doesn’t Spain build more houses”, the brick industry has the answer: it is not profitable

donations from their parents

Daniel and Claudia are in their thirties, they live in Madrid and for years they combined their status as tenants with the dream of (one day) becoming owners of their own home. Every month they saved a little. And each month they got closer to their goal. The problem, like explain to The Countryit’s not just his bank account that was growing. So did the price of housing. And his rent, which threatened to rise by 200 euros from one day to the next. To escape this impossible spiral, Daniel and Claudia talked to their families and got them to donate 30,000 euros. What is necessary for the entrance to an apartment. The statistics of Spanish notaries show that theirs is not an isolated case. On the contrary. Donations (especially cash) have become the lever that allows young people to access an impossible market. What has happened? Which Notaries Are Encountering Every Time more donations intergenerational, capital that passes from grandparents, parents and uncles to the youngest members of the family to facilitate their access to housing. The phenomenon is connected with the ‘Great Wealth Transfer’ and it’s not exactly new. The referees they have been around for a while perceiving it. Even so, the clarity with which it can be seen in the 2025 sectoral balance that has just been released is surprising. advance The Country. Its reading is resounding: in Spain, so many donations have never been processed as now, with housing on the rise. And what does the data say? That in 2025 the notaries processed 225,317 donations. Not only is it the highest figure since (at least) 2011, far exceeding the 85,300 donations a decade ago; It also reflects an undeniable upward trend. After several years of stagnation, the number of donations grew by 15.2% between 2023 and 2024 and rose again by another 13% in 2025. The data of the General Council of Notaries (CGN) include all donations, without specifying how many correspond to property and how many correspond to cash or other types of assets; But the members themselves do not hesitate to relate this upward trend to the situation of the real estate market. Are there more indicators? Yes. A few months ago the council already published a report in which he confirmed that intergenerational donations and inheritances were “boosting access to housing” for the youngest. To be more precise, the group recalled that housing donations skyrocketed by almost 68% between 2017 and 2024 (from 32,623 to 54,735), while inherited properties increased by 20% during the same period (from 335,888 to 403,854). Are they that frequent? Yes. If inherited and donated homes are added, they are equivalent to 64% of all sales transactions registered in 2024. Not only properties are transferred. A year ago the notaries they already confirmed an increase in cash donations, especially amounts between 30,000 and 40,000 euros, although the range ranges from 10,000 to 300,000. In fact María Teresa Barea, spokesperson for the CGN, recently recognized that the majority of living inheritances that one encounters are grants of liquidity, money that allows grandchildren, children and nephews to face the first payments required to buy a home and make the leap from tenant to owner. Why this increase? For several reasons. One of the main ones is how complicated it is to get your head into the real estate market. The case of Daniel and Claudia is illustrative: not only does the square meter become more expensive, so do rents, nullifying the savings capacity of young people. According to a study by Grupo Mutua de Propietarios, 40% claims to have difficulties accessing housing, which explains (among other things) that in Spain the age of emancipation exceed in several years the average of the European Union. It doesn’t matter that the mortgage market has softened, the rise in housing prices (of 13% year-on-year) makes down payments an insurmountable barrier for many aspiring homeowners. Especially the younger ones. Hence their grandparents and parents come to their aid with donations. “Many young people who could pay the mortgage payments are not able to afford the famous down payment and initial expenses” Barea agrees.. The latest statistics from the CGN also show that donations have grown (and at a good pace) in practically all the autonomous communities of Spain. Are there more factors? Yes. One, fundamental one, is the changes in the distribution of wealth between population cohorts. What does it show us? Basically, young people accumulate less and less money, tipping the balance in favor of the elderly. The data of the Bank of Spain are eloquent: if in 2002 the population under 35 years of age accumulated close to 9% of Spain’s wealth, in 2022 that percentage had been reduced to 2.1%. In the case of those over 65 years of age, the trend was the opposite: during the same period they went from 25.4 to 39.2%. Images | Febiyan (Unsplash) and General Council of Notaries In Xataka | If the question is whether house prices will rise forever, London has the answer. And it is a warning for Madrid

Donating cash to children is exempt from personal income tax for parents. It is not free for children

Young people do not have it easy to get ahead in a context of very tight salaries and with him housing prices skyrocketed. Therefore, helping children or a family member financially becomes the natural impulse. However, this willingness to help may have tax consequences What is important to know before making the transfer. In a binding query Addressed to the General Directorate of Taxes (DGT), a body dependent on the Treasury, a person raised the possibility of helping his family financially through a cash donation. The consultation made it abundantly clear: anyone who donates cash has nothing to fear on their tax return. The same cannot be said about the person who receives it. ​What the Treasury says about the donor’s personal income tax. The General Directorate of Taxes responded to a person who wanted to donate cash to his mother. The DGT pulled the file and argued its response in a previous binding consultation, in which a father raised the tax consequences of donating cash to his children. The Treasury’s response establishes that “for the donation of money, no capital gain or loss will be computed for the donor,” which implies that on the part of the person who gives that money there is nothing to declare or pay in the Income Tax. The technical reasoning is quite logical and simple. When money is donated, there is no difference between the value at which it was acquired and the value at which it is transmitted, so there is no alteration in the donor’s assets that justifies paying taxes on it, as established in article 33.1 of the Law on Personal Income Tax. When the gift is not money, the story changes. The organization itself takes advantage of the consultation to remember that the exemption from personal income tax taxation Applies exclusively to cash donations. That means that if parents They donate a home to their children that they bought 20 years ago for 100,000 euros, and that at the time of donation its value is 200,000 euros, must pay personal income tax for that increase of 100,000 euros in its value between the date of purchase and the donation. The same occurs with shares or other assets with market value that may increase in value between the purchase price and the donation price. The most curious thing is that this principle does not apply in the same way if that same property had lost value since its purchase, the donor would not be able to deduct that loss. Children do pay the Gift Tax. It should be noted that the fact that the father does not pay personal income tax for that donation does not mean that the transfer of assets has no consequences for the person who receives it. The child who receives the money is obliged to declare the donation and settle the Inheritance and Donation Tax. This tax falls on the person who receives the donation, not on the donor. The amount to be paid for the child or family member depends on factors such as the amount received, the degree of relationship and, above all, the autonomous community where the recipient resides for tax purposes. Depending on what requirements are met, the amount to pay may be close to zero euros, but it is necessary to complete the procedure. If the donation is not declared within the established period, the Treasury may impose penalties and interest. A tax that depends on the communities. The Inheritance and Donation Tax is partially transferred to the autonomous communities, which means that each community sets its own bonuses, reductions and tax rates. This generates very notable differences between paying this tax in one community or another. Madrid and Andalusia, for example, apply a 99% bonus on donations between parents and children, which in practice means that the recipient barely pays taxes when making this type of donation. At the opposite extreme, communities such as Catalonia or the Valencian Community have more demanding tax systems, with progressive rates and fewer bonuses. A particularly striking case is that of Extremadura, which has extended the exemption up to 200,000 euros in donations for children to buy their first home. In Xataka | The Great Wealth Transfer: the movement from boomers to millennials that will transfer millions between generations Image | Pexels (Kaboompics.com)

Living for free in your parents’ house does not imply a donation of the home

He house price It is one of the main obstacles to the emancipation of young people in Spain. According to data According to the Spanish Youth Council, only 15.2% of young people can afford to live outside the family home. Of them, 57.9% do so in rented apartments and a third of these young people share a flat with other young people to be able to bear the expenses. In this context, it is not strange to find people over 30 years old living with their parents. However, according to have confirmed the Ministry of Finance to VerifyRTVEit is false that living for free in your parents’ home, or in “any property of your parents”, can be considered “as a donation”. The Treasury makes it clear: there is no donation. Both from the Ministry of Finance like from the union of Technicians of the Ministry of Finance (GESTHA) point out that there is no tax or legal change that penalizes children for residing in the family home. Sources from the Ministry of Finance confirmed to damn.es that “there have been no legal changes or changes in the orientation of administrative actions since the IRPF existed, nor has it ever been considered a fiscal risk.” Carlos Cruzado, president of the GESTHA union, explained to RTVE that no taxes or duties apply additional taxes for the simple fact that an adult shares a home with his or her parents. Donation is a change of ownership, not use. The reason why no charge is made is because, simply, when a child lives with his or her parents, no transfer of assets occurs. The consensual use that is made of it changes, not the ownership. This change of use between family members without financial compensation does not fit into any of the assumptions of the Inheritance and Donation Taxso neither parents nor children they must pay that tax. The professor of Financial Law Rosa María Galán pointed to damn.es that, in the case of children without economic resources to survive on their own, the article 142 of the Civil Code obliges parents to cover the support, housing, clothing and medical care of their children. There is no need to argue for free coexistence since providing it is a legal obligation. It even applies to second homes. This same logic applies even when parents and children do not live in the same property, but, for example, the parents live in the primary home, and the children in a second residence owned by the parents. According to Cruzado, the Treasury “understands that there may be a free transfer and does not allocate a return at market value.” In this case, the parents are taxed the same as if the home were empty due to the imputation of real estate income in personal income tax, the same obligations that already exist. for having a second residence without regular use. In this case, the owner of the home must pay a tax of 2% of the cadastral value of the property, and in some cases is reduced to 1.1%. That is, what is taxed is the condition of second home ownership, not the fact that children live in the home or not. The transfer of use is not a donation: the distinction that changes everything. As and as explained José María Salcedo, managing partner of the tax firm Salcedo Tax Litigation to Idealistiche article 6.5 of the Personal Income Tax Law establishes a presumption of onerousness. This means that the Treasury tends to assume that any transfer has a price. However, this presumption admits evidence to the contrary, and the most common instrument to prove it is the bailment contracta document that formalizes the loan of the property without financial consideration and that, according to Cruzado, the Treasury “does not usually carry out these checks”, although it serves as a guarantee to justify “free of charge the right to use someone else’s property for a certain period of time.” In Xataka | There is a less painful solution so that an inheritance does not become a ruin for the heirs: renounce it Image | Pexels (Kampus Production)

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