Housing studies removing the CPI as a reference for increasing all rents
The negotiation of the decree that will be approved next week explores a mechanism to cap revisions of contracts prior to 2023 if prices skyrocket.
The eviction of 87-year-old Maricarmen by Urbagestión has renewed pressure on the government to pass a new housing decree. The government is negotiating the decree with its partners and plans to present it to the Council of Ministers on Tuesday. The decree may include a mechanism to cap rent increases for contracts signed before 2023, which are still linked to the Consumer Price Index (IPC). This mechanism would allow for a rent cap to be triggered if prices rise sharply.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
