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

Real estate publications.

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.
Phrases of a real estate agent, cor...
Real Estate Publications, Real Estate Phrases

The first thing we should know is that in all phases of real estate brokerage, in our relationship with owners and buyers, it must always be professional and close; but avoiding familiarity, marking the limits, will shield us against misunderstanding and misinterpretations in the future. We will meet many times with the same phrases, the ......

Investment in housing will end 2017...
Investment in housing will end 2017 above 4.5% of GDP

According to the Bank of Spain, in its last quarterly report on the economy of the country, housing investment will close 2017 above 4.5% GDP, an index similar to the average of the countries of the Spanish environment "and that is very far of 12% registered in 2007 ". On the other hand, the entity states that ......

Never Complain, by Baltasar Gracián
Never Complain, by Baltasar Gracián

Aphorism 129 Never complain. «The complaint always brings discredit. More serves as an example of daring to passion than of comfort to compassion. It opens the way to those who hear it for the same, and it is the news of the grievance of the first apology of the second. They give some foot with their complaints of past offenses ......

Qualification of real estate collec...
Qualification of real estate collection operations

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 ......