The new Government is considering extending the duration of rental contracts from 3 to 5 years and increasing tax deductions for tenants and owners. In recent months, there are many problems arising from rent in large cities due to high prices and the emergence of tourist rentals. ...

The Government proposes an increase in the rental contract from 3 to 5 years

The new government plans to extend the duration of rental contracts from 3 to 5 years and increase tax deductions for tenants and owners.

In recent months, they have been producing many problems arising from rent in large cities due to high prices and the eruption of tourist rentals.

For these reasons and with the aim of lowering the rent, the PSOE wants to amend the LAU (Law of Urban Leases). The main measures are to extend from 3 to 5 years the minimum term of the contracts and raise the tax relief for landlord and tenant.

This proposal was taken to Parliament last March and defended by Beatriz Corredor, secretary of Territorial Planning and Public Housing Policies of the PSOE.

However, in order to be carried out, the Government of Pedro Sánchez must negotiate with all the groups that supported him in the motion of censure. But it also has two major difficulties: lack of political support and budget deficiency.

On the one hand, Unidos Podemos supports returning to the 5-year term for rental contracts, but with a mandatory extension if requested the tenant of another 5 years. However, it discards tax deductions and proposes that the municipalities carry out a regulated control of prices.

On the contrary the PNV did not show its support for the socialist initiative to lower the rent and voted against of the proposal of Unidos Podemos.

As for the budgets, the Government can not apply any deduction at least until 2019. It must remain committed to maintaining those already prepared by the PP during this year.

The initial approach of the PSOE, provided that the municipalities set a procedure to set rental prices by districts. Thus the owners who would like to benefit from up to a 60% reduction in the IRPF of the rent, could not lease above these prices. The reduction would increase by 10% more if energy efficiency improvement works were carried out. And it will reach 100% if the house is also rented to young people between 18 and 30 years with low incomes.

The average price of a house in Cat...

There is an increase in transactions and prices in the homes that are located in the periphery and the suburbs, while the supply in the center of the cities remains stable. The average investment planned for the purchase is € 217,995, while the average price for the sale is ......

The aid in reforms of houses would...

According to the Andimac study, the aid for housing reforms would revalue the rent and there would be a take-off in the construction sector oriented towards reforms. Previously, at Inmonews.es we talked about the new State Housing Rehabilitation Plan that was finally approved in March. Well, according to a study by Andimac, 1.6 ......

To get well in the subjects, to tak...

(Picture of Baltasar Gracián found in Graus (Huesca) Spain). Aphorism 136 Be well in the matters, take the pulse then to the businesses "Go many or by the branches of a useless reasoning, or by the leaves of a tired verbosity, without running into the substance of the case. They do a hundred laps around a point, getting tired and ......

Social networks for real estate: Fa...

Facebook is the social network where most people and companies are. Its management will require an effort, since to keep it active, we must share useful, diverse and quality content. Facebook is the most widespread social network, with more than one billion users. We all know the "like" or the "share", ......