Spain is the third most unequal country in terms of wealth and poverty in the European Union. The amount of people in poverty has almost doubled since the economic slump in 2008. Around 3 million people lived on 307 euros ($410) a month or less in 2012. While the amount of millionaires rose to 402,000 in 2012 which is 13% higher. In 2017, Spain gained 7,000 new millionaires. When you combine the fortunes of the top three richest people in Spain, it is equal to the amount of people in poverty in Spain, 14.2 million people. 10.2 million people live below the poverty line which is about 22.3%. In 2016, about 16,347 people were in care centers for homeless people, that is a 20.5% increase since 2014. Property purchases in Spain come with an 8%-11.5% fee in taxes. More Spaniards live in apartments than anyone else in Europe. 1/3 of Spaniards live in housing whereas in other European countries, more than 80% of people live in houses. The tax in Spain is 37.9% of GDP. The reason why taxes are so high is because Spain wants to reduce the incentive to work for people who earn above the current cap and entice the richer people to move abroad.