Funds and promoters slam the decrees
They warn that the rule turns the owner into a social shield of the State, damages investor confidence and curbs supply.
Several Spanish organizations, including Asval, APCEspaña, and Asprima, have criticized the recent decrees approved by the Consejo de Ministros, warning that they will harm the confidence of investors and hinder the creation of new housing supply. The decrees limit the acquisition of housing until December 31, 2030, and impose restrictions on large property owners, including funds and construction companies.
The organizations argue that these measures will lead to a decrease in the number of available rentals and new constructions, exacerbating the existing shortage of 250,000 new homes per year in Spain. They also claim that the government's actions will drive away investors and damage the sector, with APCEspaña's president, Xavier Vilajoana, calling for a more serious and rigorous approach to addressing the housing situation.
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.
