United we can suggests that the new Housing Law considers as ‘big fork’ to the owner of five properties, instead of the 10 that, unofficially, had been taken into account until now, as confirmed by sources of training address. The measure is one of the proposals that have been put on the table in the negotiation on the rule that is underway and that, at this time, it is frozen at the initiative of the PSOE.
In this way, the consideration of a large landlord that affects other regulatory aspects such as the anti-eviction decree or the moratorium on residential and commercial rentals that was implemented in the wake of the pandemic would be lowered.
He is also one of UP’s main workhorses for a long time, although the Minister of Transport, Mobility and Urban Agenda, Josà © Luis Ãbalos, has been quick to reject it this Monday. à ?? balos, whose department is leading the negotiations, has asked to “forget” policies of a “confiscatory or expropriatory nature” and has assured that this proposal “It is a new element that contradicts the considerations of both formations till the date”.
In any case, Ãbalos has ensured that the new law, “as a public policy, cannot rest on individuals” and, instead, has opted for a law “that commits all administrations in the á Scope of its competence “to guarantee the social function of housing. “Public policy requires public responsibility,” he added.
Unofficial definition
To date, there is no official definition of ‘large fork’ in Spain, although at a practical level the number of properties was set at 10 to grant such consideration. United We can consider that these great forks, where they are included large funds and institutional and public investors, are responsible for the rise in prices that housing has experienced both in the purchase and rental markets. They believe that these increases are the consequence of their speculative business and they want to try to put a firewall through the upcoming Housing Law.
However, the figures that are handled in the real estate sector is that these owners have in their hands, at most, 15% of the housing stock of our country; other sources lower that percentage to 5%.
The initiative joins others promoted also by the residential formation, such as the anti-eviction decree itself, which has roused the funds and large owners. They consider that interventionist policies will not serve to alleviate the problem of access to housing that exists in Spain but, on the contrary, could aggravate it even more because it discourages going to the market and investment .
Furthermore, they believe that measures of this type violate the right to private property and claim that the Government cannot place the responsibility on them to tackle a problem that is of public origin and nature.
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