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Spain approves housing measures after huge protests
The first decree passed 35-34 and extends eviction protections, caps some rent increases and targets corporate home buying.
- On Thursday, Spain's interim lower house of parliament ratified housing measures designed to limit evictions and real estate speculation, following a nationwide general strike and major street protests on Wednesday.
- Prime Minister Pedro Sánchez called an early national election for Nov. 29 after the government's October attempt to pass these measures failed, following public outrage over the eviction and death of an 87-year-old woman in Madrid.
- Approved regulations impede companies from buying properties for less than 70% of their value to reduce speculation, while establishing a 10% tax on apartments rented to tourists and stopping rent increases exceeding government reference prices.
- Interim Housing Minister Isabel Rodríguez expressed hope that housing rights will "win again at the ballot box," though the conservative Popular Party has pledged to repeal the measures if they take power, which polls indicate is possible.
- In the 69-member interim parliament, the ratified decree passed in a 35-34 vote, but lawmakers again rejected a secondary proposal that would have made residential leases automatically renewable for tenants.
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Associated Press News+4 Reposted by 4 other sources
Spain approves housing measures after huge protests. Their duration may depend on election result
Spain’s interim lower house of parliament has ratified housing measures designed to limit evictions and real estate speculation.
·New York, United States
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Total News Sources6
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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