Housing shortage: Spain's transitional parliament approves housing decree before new election
The government and its allies want to better protect tenants from forced evictions. The conservative People's Party is already announcing that it will reverse the measure if it wins the election.
Spain's transitional parliament has passed measures to curb evictions and real estate speculation. The measures were approved with 35 votes in favour and 34 against, and include an extension of protection against evictions for tenants in precarious financial or social situations until 2030. The regulations also aim to prevent companies from buying properties at low prices and reselling them at higher prices, and limit rent increases in areas where the rent already exceeds the reference value.
The measures were passed ahead of a general election on 29 November, which could see the conservative People's Party (PP) come to power and potentially reverse the measures.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
