• MARIA HERNANDEZ

    Madrid

Updated Wednesday, 19 January 2022-01:59

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  • 2022 Youth Rental Voucher keys: how to request it and necessary requirements

In the absence of a housing law, the Government yesterday brought out all its pyrotechnics in the announcement of the youth bond to facilitate rent for young people between 18 and 35 years of age. The measure approved in the Council of Ministers contemplates a

monthly aid of 250 euros

to those tenants whose annual income does not exceed three times the Iprem (which is equivalent to 24,318 euros) and also establishes a rent limit that, in practice, excludes most of the housing stock in the most stressed cities.

The bonus is contemplated for those who live in

apartments of up to 600 euros

(or up to 900 euros, if the autonomous community decides to raise that limit).

In addition, those who rent a room for a maximum of 300 euros (or up to 450 euros if the communities so decide) will also be eligible for the bonus.

The data shows, however, that a

tiny part of rental housing in

large cities is below these levels or, what amounts to the same thing, that a large part of the tenants will, in practice, stay out of the possibility of applying for aid.

In

Madrid

, only 1.43% of the entire current rental offer is below 600 euros per month and only 4.82% of the rental contracts that have been signed in the last 12 months are adjusted to that criterion, according to the data compiled for

EL MUNDO

by Fragua by Atlas Real Estate Analytics. If the Community of Madrid agreed to raise the limit to 900 euros, the data indicates that 28.46% fit this criterion and that only a third (32.5%) of the contracts sealed in the last year did not exceed that rent.

The x-ray is more severe in

Barcelona

, despite the fact that the law that limits leases came into force a little over a year ago. In Barcelona, ​​only 0.95% of the current offer does not exceed 600 euros of monthly rent, while in the last year only 2.1% of the contracts signed met that requirement. Taking 900 euros as a reference, in Barcelona 20.58% of the homes offered for rent would be adjusted at this time, while in the last year only 24.83% of the contracts signed did not exceed that figure.

Palma

, another of the most stressed cities in the rental market, has only 1.02% of the current offer below 600 euros, according to the analysis of Fragua by Atlas Real Estate Analytics for EL MUNDO, and in the last year only 2.98% of the closed contracts were adjusted to that rent. Again, opening the focus up to 900 euros per month, 24.65% of its current offer meets this criteria, and 40.5% of the contracts signed in the last year, too.

The trend is repeated in other large cities with tension in the rental market.

In

Valencia

, for example, only 4.11% of rental housing is below 600 euros, although the percentage rises to 49.3% if 900 euros are taken as a reference;

in

Seville

, barely 12% of the offer does not exceed the limit of 600 euros and in

Malaga

, the percentage is close to 15%.

An "insufficient" measure

The bond is not a sufficient measure to address the basic problems of the market, which are fundamentally the lack of supply and legal uncertainty

Jose Maria Alfaro (FAI)

The figures support the doubts from different parts of the sector about the efficiency of the youth bonus issued by the Executive.

"We positively value the Government's intention, but the bonus is not a sufficient measure to address the basic problems of the market, which are fundamentally the lack of supply and legal uncertainty," says

José María Alfaro

, general coordinator of the

Federation National Real Estate Associations

(FAI).

"We believe that the bonus will leave many tenants out, both because of the limits it imposes on rents and because of the age limit it establishes," he adds.

According to

Statista

,

young Spaniards become independent on average at 29 years of age, three years above the European average (26.4) and, in Alfaro's opinion, limiting the bonus to 35 years of age leaves out many older people who are also face difficulties in paying their rents.

"It should be more flexible," he clarifies.

Criticism in this and other ways also comes from the

Spanish Youth Council (CJE)

, for whom the bonus is "a propaganda measure, but insufficient", in the words of its vice president,

Margarita Guerrero

.

"The amount budgeted [200 million this year and another 200 million the following] will barely reach 1.7% of the 2.8 million emancipated young people in Spain, a very small percentage," he says.

In his opinion, it is also an

"erratic" measure

, because it involves the transfer of public money to the owners and because there is a real risk that they transfer these aids to prices and rents. That is, the bonus will not help the real objective , which is to facilitate the access of young people to housing", he assures in conversation with this newspaper.

"It's a bizum to the landlords,"

the leader of Más País, Íñigo Errejón, wrote on Twitter yesterday.

There are different aids that are accessed in different ways and they lead us to a bureaucratic gymkhana to be able to access them

Margarita Guerrero (CJE)

Francisco Iñareta,

spokesperson for the

Idealista

real estate portal, also warns of the risk of price increases

, who recalls that "direct aid (and this is something that previous experiences have shown us) has as its main consequence the direct increase in prices and the generation of serious discrimination against tenants with salaries slightly higher than these, who will have to increase their efforts in a scenario of rising prices".

Added to the risk of price increases is the

bureaucratic component.

The Government must now negotiate with the CCAA the distribution criteria through a sectoral conference that has yet to be convened. The lack of precision in territorial transfers makes it difficult to know which part of the population will ultimately benefit from the proposals. "The communities have to end up managing something that is legislated at the national level and that the aid arrives efficiently will depend on how these autonomies adapt the norm," explains José María Alfaro.

Along these lines, Margarita Guerrero, from the CJE, agrees that "a part of the aid will depend on how the autonomous communities manage it, but there is a situation where there are different aids that are accessed in different ways and

they lead us to a bureaucratic gymkhana to be able

to access them".

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