Approval of the draft law that limits rent increases in Spain

The primary housing invoice in Spain, which restricts rent increases, was handed in the parliament. The accepted invoice was despatched to the Senate.

The seek for an answer to the rising housing costs in Spain has come to an finish.

For the first time in the nation’s democracy historical past, the authorities has intervened in rental costs.

The invoice limiting rent increases was despatched to the Senate

The invoice in query was accepted by the parliament with 176 votes in opposition to 167 with the assist of the two companions of the authorities, the Socialist Staff Social gathering and Unidas Podemos, and the separatist Catalan and Basque events (ERC and EH Bildu) and despatched to the Senate.

After the invoice is accepted in the Senate, it is going to come to the parliament for the final time and grow to be authorized whether it is accepted.

Proper-wing events oppose the invoice

With this invoice, the authorities additionally made housing out there, particularly for the younger and the poor.
“might be acknowledged without any consideration” whereas defending it, the opposition proper events opposed it, “the occupation of empty homes will enhance additional, provide will lower and costs will enhance” asserts.

Approval of the draft law that limits rent increases in Spain

“This law is a vital turning level in Spanish democracy”

Prime Minister Pedro Sanchez made a press release to the press after the invoice was handed in parliament, “This law is a vital turning level for Spanish democracy. The housing drawback accounts for 70 p.c of the inequality in society. We’re altering the paradigm, the neo-liberal mannequin that brings with it hypothesis, corruption and so much of social struggling, and we’re laying the foundations of a brand new housing coverage that responds to them.” made its evaluation.

Content material of the invoice

In accordance with the invoice, which is one of the most mentioned political points earlier than the native elections to be held on Might 28 in Spain, the rent increases decided in line with the CPI must be restricted to 2 p.c in 2023 and three p.c in 2024. It additionally envisages a rise in property taxes by as much as 150 p.c.

On the different hand, the opposition Basque Nationalist Social gathering (PNV) additionally opposed the invoice and introduced that it might attraction to the Constitutional Court docket if it turns into authorized.