The Government bans vulture funds from buying apartments until 2028
The Congress will vote on Friday on two decrees: one with the extension of rents, the prohibition on buying from investment funds, tax aid or the anti-eviction moratorium; and another with automatic and indefinite renewal.
The Spanish government has split a housing decree into two separate decrees in an attempt to secure approval from different parliamentary groups. The first decree, aimed at protecting the social function of housing and increasing affordable housing, includes measures such as extending the "social shield" against evictions until 2030, limiting rent increases to 2%, and introducing a line of zero-interest loans for first-time homebuyers.
The government has requested an extraordinary plenary session in Congress for this Friday to vote on both decrees. The second decree, which includes more extreme measures demanded by the Sumar party, is likely to be rejected.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
