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Juan Bravo: The PP will repeal the entire government intervention on housing

The PP promises to generate one million homes in the next legislature by streamlining procedures, releasing land, reducing taxes and attracting workers.

Translated from Spanish Read in Spanish

The People's Party (PP) in Spain has promised to generate one million new homes in the next legislature by streamlining procedures, freeing up land, reducing taxes, and attracting workers. To achieve this, they plan to pass a Land Law that would unify and speed up procedures, and also promote the conversion of commercial spaces into housing and the construction of smaller homes.

The PP also aims to reduce taxes, specifically the IVA from 10% to 4%, and provide a line of guarantees for 20% of new mortgages. Additionally, they propose creating a youth savings plan to help people buy homes and modifying the law to allow for the eviction of squatters within 48 hours.

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.

Read the original at expansion.com →

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