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HomeLatest NewsHousing rushes to approve the rental price reference 'in extremis'

Housing rushes to approve the rental price reference ‘in extremis’

Date: April 12, 2024 Time: 18:37:36

About the horn. The Ministry of Housing and Urban Agenda committed to having a reference indicator for the rental price that would allow the autonomous communities to set the areas with stressed housing prices ready in February. With the month about to end and the pressure from Sumar who demanded on Tuesday that it be published “now”, the pressure was increasing on the minister of the branch, Isabel Rodríguez, who has had to reaffirm that “yes or yes” it will be ready before March for the whole of Spain and around a month later for Navarra and the Basque Country, due to having provincial estates that will delay the data collection process for the indicator.

The Government hopes that this tool can fulfill a double function. On the one hand, the registry will establish a scale to limit the updating of the price of rental contracts for large tenants in those areas with stressed prices, in addition to serving as a reference to apply tax deductions to those landlords who provide affordable rent. On the other hand, knowledgeable sources assure that the data will collect the average prices street by street, which will also increase the pressure for the offers to adapt to the price context of each area and reduce the gap between the offer prices and the price. . in which the rentals finally end up materializing.

Once the tables are established, it will be the autonomous communities that will have to make the decision to apply the restrictions on the stressed areas, a decision that the autonomies governed by the PP, such as Madrid or Andalusia, have already anticipated that it will not be applied.

Catalonia will be the first community to apply these price limitations, which will coincide in time with the publication of the indicator. As agreed by the Minister of Housing, Marta Vidal, and Rodríguez herself, both administrations will adjust their publication of the new criteria with the closure of other requirements required by law to be able to apply the limits. In this way, 140 areas of the community, where nearly 80% of the Catalan population lives, will be able to fully apply the provisions of the housing law. The Ministry indicates that Navarra has also shown a willingness to put it into practice in the coming months.

34 promoters have approached the Housing aid

Rodríguez also took advantage of his intervention this Thursday during his colloquium at the Club Siglo XXI to highlight that the addendum to the Recovery Plan raises great interest. The mechanism will make 4,000 million euros available for public-private collaboration to build homes under a social and affordable rental regime and the minister herself has highlighted that 34 real estate developers have already shown interest in the projects, which plan the construction of 12,000 homes with the help of European funds. Rodríguez has anticipated a “success” for these credit lines

On the other hand, during his speech he also stressed that Spain will comply with the commitment to dedicate recovery funds to the rehabilitation of 500,000 homes, an issue on which the building rehabilitation association, Andimac, has already stated that it would be very difficult for a time was fulfilled. The employers’ association highlighted during their presentation of annual results that the “bureaucratic limbo” in which the funds dedicated to housing renovation are found makes it impossible for them to enjoy the aid in a timely manner, since they must be executed before the second semester of 2026.

The Land Law to the Council of Ministers

Rodríguez also stressed that she will bring to the Council of Ministers before March the modification of the Land and Urban Rehabilitation Law for processing in Congress, something for which the minister hopes to “receive with the support of the parliamentary groups.”

This modification was promoted by the former Secretary of Transport, Mobility and Urban Agenda, Isabel Pardo de Vera, before her resignation a year ago. The motivation for the change is based on circumventing a provision of the law that limited the proliferation of urban plans due to formal defects in the presentations.

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The Minister of Housing has announced that the methodology to prepare the data will use data from the INE, the General Directorate of the Cadastre, the Tax Agency, the Property Registrars or the Appraisal Society, among others.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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