Housing decrees: guide to the measures approved by the Government
The Government has approved two royal decrees on housing today at the Council of Ministers following a last-minute negotiation with its partners and amid a wave of social protests unleashed after the Maricarmen case. These measures must be ratified by Congress, which will vote on them this Friday.
The "Decretos de vivienda" are guidelines for measures approved by the government. These measures include protection against evictions for vulnerable people until 2030, a two-year extension for contracts ending before December 31, 2028, regulation of seasonal and short-term rentals to prevent fraud, a 10% tax on tourist rental properties, a ban on funds buying properties until 2028, fiscal measures to direct Socimis investments towards affordable housing, fiscal bonuses for low-income renters, zero-interest mortgages for first-time homebuyers, protection of the public housing stock by consolidating the 47 model and applying a super-reduced 4% VAT rate, automatic renewal of leases without court intervention, and a second decree for renewal of leases without court involvement, which is currently less likely to pass parliament.
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