Housing: funds and developers warn of investment flight
Property owners, portals and real estate experts denounce that the supply of rental housing will fall if the decrees are approved, increasing prices above current levels. Investment in new projects could be paralyzed.
The Spanish government's two recently approved housing decrees are expected to lead to a decrease in the supply of rental housing, an increase in prices, and a halt in investment in new rental properties. Experts and industry associations warn that the measures, which include limiting rent increases and making contracts indefinite, will discourage private investors and small property owners from renting out their properties.
The changes may lead to a surge in court cases due to the suspension of evictions and protection for vulnerable tenants. Critics argue that the regulations will not address the root causes of the housing crisis and will ultimately harm access to housing.
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.
