Negotiations The Housing Law, about to blow up
Housing and Covid Prices are just falling and the 'oil stain begins
The coronavirus pandemic has changed the pace of the rental market in Spain and has slammed the upward trend in prices.
The increases are increasingly localized and in large cities, the most stressed so far, rents have turned around.
In the general calculation, rental prices fell by 7.46% on average in the year of the coronavirus,
to 819 euros that they marked in January 2021
, 66 less than in the same month of the previous year.
The data is the result of the balance prepared by the
Safe Rental
company
based on a provincial study of rents and its conclusions reflect the downward impact that Covid-19 has had in recent months.
The strongest decreases according to the
Study on the average rental price of homes.
Spain 2021
were registered in
Malaga
(-10.43%), followed by
Seville
(-9.66%),
Barcelona
(-9.39%) and
Alicante
(-9%).
Only Granada (+ 0.33%) and Cantabria (+ 0.32%) saw their rents rise between January 2020 and January 2021.
"Covid-19 has produced a change in the trend in our economy. Rent cannot be on the sidelines and is being directly affected by the situation. From the point of view of supply, it is experiencing a significant increase caused mainly by the exit to the market of houses that were previously destined for other uses; from the point of view of demand, there are intense changes in the quality of the same, "says
Antonio Carroza,
CEO of the firm.
From the point of view of prices, the coronavirus has marked a halt in the increases and in provinces such as
Madrid or Barcelona
, where the pressure on prices has been higher in recent years, the decreases are already around 9%.
Despite this, average incomes are still very high in both, only surpassed by the Balearic Islands.
The highest average price of a rented home is found in these islands, with 1,164 euros, 5.21% less than what was paid 12 months ago.
They are followed by Barcelona, with 1,138 euros and a decrease of 9.39% and Madrid, with 1,096 euros and a drop of 8.59%.
At the opposite end of the scale, the cheapest average rents are found in Teruel, for 355 euros;
in Jaén, for 382 euros and in Ciudad Real, where a tenant rents on average for 395 euros.
The difference between the most expensive province and the cheapest is 809 euros
.
Negotiations for the Housing Law
The drops, however, coincide with a key moment in the negotiation of the future Housing Law planned by the Government.
One of the points of divergence between the coalition partners, PSOE and United We Can, is precisely what has to do with setting limits on rental prices.
The formation led by
Pablo Iglesias
insists on intervening directly on them and penalizing homeowners who do not provide their homes on the market, however, the socialist party increasingly rejects this option and is committed to establishing tax and other incentives to favor the offer.
The differences between the two have reached such a point that the negotiations could blow up just when the law should already be on its way to the Congress of Deputies.
The real estate sector, for its part, continues to press so that it does not finally include these limitations.
Landlords, especially large landlords, have repeatedly warned that capped rents would have the opposite effect to the desired one, that it discourages investment and that, far from promoting supply, it would retract it with the consequent rise in prices.
"We are immersed in an unprecedented crisis, with destruction of the business fabric, restrictive measures that affect activity and thousands of people in ERTE. Family income has been negatively affected and we cannot forget that this is what establishes the true ceiling at rental prices, "says Carroza.
Big differences
However, the reality in some provinces and in many cities is that the rental effort in Spain exceeds 30% of the family income, which, as a maximum, is recommended by the European authorities and that makes it difficult for many people to access housing.
Even in this there are differences, because prices vary a lot depending on the number of rooms in the property and the province where it is located.
The most expensive properties, according to the number of bedrooms and where they are located, are those with four rooms located in
Guipúzcoa
, where this type of housing reaches an average price of
1,552 euros
.
It is followed by houses with the same number of bedrooms in
Madrid
, with average monthly income of 1,437 euros.
Precisely in Madrid, there are also the most expensive 3-bedroom homes, where average prices are 1,214 euros, and those with 2 bedrooms (1,014 euros).
The most expensive one-bedroom homes are found for an average price of 909 euros in Guipúzcoa.
The lowest registered average price is that of a 1-bedroom home in
Teruel
, where you can find this type of property for
299 euros
.
For little more money, you can find a house with the same characteristics in
Ciudad Real and Cuenca
, where a 1-bedroom apartment costs an average of 306 euros.
According to the criteria of The Trust Project
Know more
economy
living place
Rental
Appeal The Constitutional Court unanimously annuls the Government's housing law decree
HousingIglesias warns Ábalos that he is "straining" the coalition with the Housing Law by failing to comply with agreements signed by him and Pedro Sánchez
Housing Expired in six months: the rent index faces PSOE and Podemos to limit prices
See links of interest
Holidays 2021
Lazio - FC Bayern München
Atlético - Chelsea, live