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The regulatory pendulum and the elections are already impacting the housing rental market: contracts are being frozen and supply is falling.

Uncertainty has had a real impact on landlords, who are unsure about the length of contracts, updating rents or the possibility of recovering the property.

Translated from Spanish Read in Spanish

The regulatory pendulum and the elections are already impacting the housing rental market: contracts are being frozen and supply is falling.

A series of regulatory changes has plunged the rental market into unprecedented uncertainty. The Congress recently overturned housing decrees approved by the Government, which responded with two new regulations pending validation by the Diputación Permanente. With general elections set for 29 November, property owners and tenants are still unaware of the definitive regulatory framework.

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.

Read the original at elpais.com →

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