In order to increase the supply of rent and stop the rise that is occurring in its price, the Ministry of Public Works will promote 20,000 homes for rental for the next 6 years. Minister Jose Luis Ábalo has announced a plan to promote this initiative. The houses will be used for rent ...

Development will build 20,000 social housing to contain the "boom" of rents

In order to increase the rental offer and stop the rise that is taking place in its price, the Ministry of Public Works will promote 20,000 housing for rent for the next 6 years.

Minister Jose Luis Aballo has announced a plan to promote this initiative. The houses will be allocated to rent indefinitely with rents and limited prices and will be built in areas where the rental price is quite high.

Measures

According to the minister, to start a new policy on this matter, an interministerial working group has been formed with the aim of analyzing urgent measures , whose training has been approved by the Government's Delegate Commission for Economic Affairs. .

These measures are designed to stop the increase in rental prices, since they have increased by 50% in large cities in recent years. This is due to the reactivation of the real estate sector and the incursion of tourist rentals.

In addition, the Ministry will study, together with the autonomous communities and municipalities, which are the most appropriate soils for the construction of the park of housing.

Other housing plans

Other proposals that have been announced are rethinking the Housing Plan 2018-2021 , already approved and mediate with Sareb so that the bad bank contributes to provide housing for rent.

Tax changes are also foreseen to incentivize the housing rental market. As well as a reform in the legislation regarding the rights of the landlord and tenant and the rental contracts.

Finally, the experts have valued positively the measure on housing construction

strong>, but they think that the most useful will be those whose effect is short-term.
Online Course: Implementation of Da...

Real Estate Course on Implementation of Data Protection in Real Estate. The Organic Law on Data Protection is established to protect a fundamental right of people, such as the right to privacy and privacy. With this course you will obtain great knowledge of the Organic Law of Data Protection (LO 15/1999 of 13 ......

Qualification of real estate collec...

a) What is meant by qualification of real estate acquisition operations. In the dictionaries of common use we find that the Qualification is the action and the result of qualifying. And To qualify is to attribute to a fact or object a certain value within a scale of measurement. That is, the fact or event ......

The Junta de Andalucía promotes a p...

The Ministry of Development and Housing has promoted a program to promote the promotion of protected housing in self-construction regime or through other cooperative formulas....

Finally came the essential regulati...

The regulation of the real estate sector was a pending issue for more than a decade and the Official College of Real Estate Agents has been working since then to make this a reality, for the benefit of Andalusian consumers. It has already been commented on multiple occasions that "The biggest investment that a ......