• PSOE Policy and United We Can reach an agreement on the Budgets after agreeing to the intervention of rents

  • Housing The new Housing Law will force large landlords to lower rents

When a year ago Pedro Sánchez and Pablo Iglesias signed a pact that included mechanisms to lower rents, a high-ranking member of United Podemos already warned in a

petit

committee that it would be necessary to "sweat" to enforce the PSOE.

That of everything agreed between both partners, the crux was in the rent.

He was not wrong.

The negotiation has lasted twelve months until an agreement is reached that has required the intervention of Pedro Sánchez and Yolanda Díaz in the decisive meeting and that opens the door for the autonomies to be able to force the large holders to lower rent prices and that the individuals freeze them.

In between, a bitter negotiation from the first moment, despite being signed, with real moments of possible rupture and discomfort on both sides.

"They choose: Budgets or vulture funds", was the message that Minister Ione Belarra sent a few days ago to her team about the status of the negotiation and the socialist position of not forcing these funds to lower rent prices.

The

purple ones

were determined not to support the public accounts if what was signed a year ago was not fulfilled.

They no longer admitted commitments, they wanted it in writing in the law.

"We could not let the PSOE pass us by."

They had already compromised with not complying with the pact for almost a year and, even, they had assumed that only the large owners and not the small ones would be forced to lower the price, decaffeinating the initial purpose.

In addition, they knew that giving in meant diminishing their political credit, receiving the disapproval of social groups and that the governance partners did not agree with not addressing this regulation.

"No step back"

The distribution of powers in the coalition presented a very unbalanced balance in favor of the PSOE, so United We can know that face-to-face negotiations with the socialists are an opportunity to achieve political success and demonstrate that they can carry out useful politics.

"This political space has not lost its validity and the women who lead it are not going to take any step backwards," they explain in United We Can.

The coordination and unity of action of Yolanda Díaz - in ways other than Iglesias but with equal firmness - and Belarra - has led the negotiation from beginning to end - have been key.

Opposite, the PSOE was confident that the calendar and the pressure to point out that the demands of its partners derailed a social law would make United We recoil.

Hence, the Socialists even considered that the bet on the regulation of rent "had punctured the bone."

They even played the card of trying to unlink the negotiation of the Housing Law from the budget one.

We can refused.

A couple of weeks ago the Socialists understood that there would be no public accounts for 2022 without the Housing Law.

Sánchez decided that Félix Bolaños, Minister of the Presidency and with a good relationship with United We Can, join the negotiation.

Meetings and contacts multiplied.

There were advances, approaches.

But the blockade continued in the regulation of the rent.

The decisive meeting

This Monday, Bolaños and Belarra met because Sánchez ordered the approval of the Budgets this week.

They did not reach an agreement.

Throughout the day there was negotiation, exchange of documents.

Late at night, Bolaños told Belarra that he would send her the last proposal first thing in the morning.

Nor did he convince the

purples

, whose anger grew.

When there was more tension, Sánchez, before the Council of Ministers improvised a meeting attended by Díaz, Bolaños, Belarra and María Jesús Montero (Treasury).

Conclave with white smoke in less than an hour: rent regulation.

"Political will was lacking," say Podemos.

An important moment in this negotiation was when Pedro Sánchez, during his trip to the US, met with investment funds such as Blackstone.

The Housing Law was one of the issues discussed and the chief executive tried to reassure these funds by showing his commitment to "legal certainty."

The meeting convinced United Podemos that they could not give in.

In fact, it caused something unusual: Yolanda Díaz's public discontent with a direct message to Sánchez: "Investment funds have the objective of making money, but what we governors has is to defend our people and our country."

According to the criteria of The Trust Project

Know more

  • United we can

  • Pedro Sanchez

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  • Yolanda Diaz

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