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Cooperatives to buy housing at cost price: a forgotten formula to alleviate the access crisis?

This industry, responsible for building 2.5 million homes since 1957, is asking for more public land, a reduction in the tax burden and greater agility in procedures.

Translated from Spanish Read in Spanish

Cooperatives to buy housing at cost price: a forgotten formula to alleviate the access crisis?

The Instituto Nacional de la Vivienda was created on 19 April 1939, just 18 days after the end of the Spanish Civil War, to address a severe housing shortage and destruction caused by the conflict. The organization used various methods, including cooperatives, which have enabled the construction of over 2.5 million homes since 1957, accounting for around 10% of Spain's residential stock. This is according to the Confederación de Cooperativas de Viviendas y Rehabilitación de España (Concovi).

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.

Also reported by 1 other outlet

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