2023-08-17 16:54:39
“We are before another political decision that will increase the legal uncertainty suffered by a market that is already sufficiently stressed”. The position of the Catalan employer of large companies, Promotion of Workand the Association of Promoters and Builders of Buildings of Catalonia (APCE), it is clear: the Generalitat’s decision to consider any owner who has five floors or more in his possession as a ‘great fork’ (and not ten, as a brand, in general, the new Spanish law), will further aggravate the access to the housing market.
Both entities have sent a joint statement this Thursday in which they explain that their forecast is that such a movement will cause the transfer of flats that are now on offer to rent to the buy market. “It is just the opposite effect to what you need, which is to increase the offer in the rental market of all kinds,” laments this statement, which also takes the opportunity to fire against the declaration of 140 municipalities in the community as stressed areas, a condition that generates -in his opinion- the first distortions.
They had already warned in this line the Pompeu Fabra University (UPF) y Tecnocasa, which calculated in a study made public in July that the new housing law would cause the disappearance of around 100,000 homes from the rental stock, which means reducing this market by 11.7%. One of the elements on which this theory is based is the limit on uploadsand, if the Government gives the green light to the will of the Generalitat to include in this list the owners of between five and ten floors, these ceilings will be applied to many more homes than originally contemplated.
“This reduction will worsen access to the housing market even more,” Foment and APCE affirm in this statement. A market, they say, “that urgently requires formulas that are really effective to drive the growth of protected housing stock“.
alternative proposals
Among their proposals they mention promote public-private collaboration to increase the volume of affordable and social housing, implement tax incentives for owners to put their empty homes on the rental market, or work in improve the legal certainty of the owner before possible non-payments or occupations.
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The Generalitat’s argument, on the other hand, is that expanding the sample of flats affected by the cap on the rental fee paid by tenants it will put much more affordable rental housing on the market. Because, according to a study carried out by the Metropolitan Housing observatory with which the Generalitat has worked, 7.7% of all rental housing is in the hands of owners who have between 6 and 10 floors.
In any case, Foment and APCE point to another factor: that the problem of access to housing It is not exclusive to the rental, but also to the property. “That is why it is essential to facilitate the granting of loans for a percentage greater than 80% of the value of the property to those young people with good prospects in the labor market through a public guarantee, contributing to the decongestion of the demand for rental housingespecially in the big cities”, concludes the text.
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