The Podemos government fails in its attempt to remove the new Housing Law before the Catalan elections
More legal certainty, more public-private collaboration,
less "star measures"
and nothing to limit rental prices.
This would be, in summary, the generalized position of the real estate sector regarding the latest measures implemented by the Government in the field of housing and the future Housing Law negotiated by the PSOE and United We Can.
Several of the main representatives of the sector (among which there was no woman) have expressed it this Thursday at the meeting
The real estate sector after Covid-19
organized by
Asval
(Association of Rental Home Owners) and Europa Press, in the which have also had the backing of the vice president of the ECB,
Luis de Guindos
.
Among other things, the also former Minister of the Economy of Spain has highlighted the need to guarantee legal certainty in our country to favor the housing market and access to affordable rent.
"
Legal certainty is essential
. Sometimes you think about tax formulas, but I believe that the guarantee of a stable and reasonable legal framework that favors the rental offer is the basic element to have a large rental market with reasonable prices" , has assured Guindos during his speech at the virtual meeting.
The request for more legal certainty has been unanimous among all those present, from the president of Asval,
Joan Clos
, who has stressed the need for "a change of course in housing policy in Spain", to
Juan Pablo Vera
, CEO of Head.
There are more and more measures that limit the right to property, they are almost expropriating.
It is difficult to understand the measures that favor squatting with 'k'
Juan Pablo Vera, CEO of Testa
In her case, Vera has underlined the impact that regulatory changes have on the image that investors have of our country.
"There is a clear perception of legal insecurity. There are more and more measures that limit the right to property, they are almost expropriatory. It is difficult to understand the measures that favor squatting, with k", he said.
In his experience, "it is becoming increasingly difficult" to explain to investors the measures that are being taken or the measures that are to come, hence the need to "project abroad an image of a reliable country that can be trusted because that will also help us to get out of the crisis. "
Along with legal certainty, the other major claim of the sector has been the
rigor and seriousness
when it comes to proposing policies on housing and the future rule that will regulate the sector.
"We need a coherent and consistent policy over time.
A policy that is not one of star measures
,
"
stated the Testa director.
And forceful has also been Joan Clos himself in this sense.
"The law must have important rigor, it cannot be done in an improvised way because, the more improvisation, the more risk there is that the result will also be improvised. Transforming the residential sector in Spain is not a minor or easy issue.
The important thing is not to regulate based on occurrences,
"he said.
Limit rents
Negotiations between PSOE and United We Can to illuminate the future Housing Law are frozen until after the Catalan elections on February 14.
Among other issues, the law will contemplate limiting rental prices to try to control the increases in recent years, however, it is unknown what mechanisms will be applied to limit it.
The problem in Spain is that there is a lack of supply and any regulation that prevents the supply from developing is contrary to the general interests
Jose Garcia Montalvo
"
It is not reasonable to apply price control mechanisms
. The problem in Spain is that there is a lack of supply and any regulation that prevents the supply from being developed is contrary to the general interests", said
José García Montalvo
, professor of Economics at the Pompeu Fabra University.
The measure has been rejected from the first moment by the owners, especially by the big holders, and that was also clear this morning.
As well as the rejection of other initiatives of a more interventionist nature that Pablo Iglesias' party has put on the negotiating table.
"The law should not penalize the empty house, nor penalize the owner against the occupier. Nor should it regulate the rent because prices are already self-regulating and Spain needs time to agree on these systems," said
Eduard Meniluce
, CEO of Aliseda Inmobiliaria and Anticipate Real Estate.
On the contrary, Mendiluce bets because the norm
"should include tax measures and tax incentives" such
as establishing incentives for owners who rent below the market price.
Take advantage of aid
In his analysis and in that of the rest of the attendees, aid from Europe and the idea that part of the funds should be channeled to the real estate sector have also crept in, as it can be a pillar of the economic recovery after the pandemic.
It will be at that time when the problems of many families come to light in terms of housing and that is why they consider that the Government must be prepared to support them.
"
The evictions are going to come mainly due to non-payment of rent
and we have to start thinking about formulas for after the crisis," Mendiluce stressed.
His proposal, in line with Asval's, is to provide a fund to help families who are having a worse time.
A fund of
750 million euros
, as specified.
"It is not worth borrowing more with ICO credits or rent moratoriums. The lowest income deciles are having and are going to have more problems to face the rent," he said.
In this sense, the economist
Ignacio de la Torre
, Arcano's partner, has suggested "carrying out an urban regeneration plan that prioritizes rent; using the funds to rejuvenate the public building stock and channel part of the aid to develop a
help to buy
scheme
"in the way that exists in other countries such as the United Kingdom.
According to the criteria of The Trust Project
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