Consell aims to limit leases and real estate warns it will cut bid

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market rent continues to show symptoms overheating In the province of Alicante, however, Generalitat and the real estate sector disagree at all on the measures necessary to remedy this. For this reason Valencia government applauded He enthusiastically welcomes Pedro Sánchez’s announcement to mobilize up to 50,000 Sareb homes for social renting, and also assures that he will implement the new law that allows to limit rent growth. day after approval“; promoters And Real estate they minimize the impact of the first measure and warn of the risks of capping prices. Specifically, they ensure that this decision scares homeowners and further reduces the supply available in the market. will aggravate the problem.

The latest data already show the increasing difficulties in finding suitable accommodation in the province. According to a report from the Idealista portal, the number of rental housing decreased by 9% In the city of Alicante, where the pressure was even greater in the last year, this figure rises to 19%. In addition, repeated for the second consecutive year and The current volume of rental flats is at its lowest level since 2017.

a situation caused exceptional demand recorded since the pandemic appeared reluctance of many owners Putting their homes up for sale out of fear that measures to protect vulnerable tenants will make deportation of defaulters even more difficult.

Existing flat stock in Alicante decreased by 9%


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According to Fotocasa, one of the reasons for the increase in rents, which reached an average of 9.97 euros per square meter with an increase of 21.6 percent across the province last year, is this decrease in stocks. About 798 Euros for an 80 meter flat. Figures that are impossible to pay for many families. Of course, the good news is that the data points to a certain slowdown in the rise, as the first quarter gain was only 1.5%.

Héctor Illueca, vice-president of the council and head of Housing. Alex Dominguez

Confronted with this situation and the housing access issues of many groups, Consell’s second vice president and regional head of this regionHector Illucaexpressed his satisfaction. new housing law that the central government has agreed with investment partners. Ilueca particularly emphasizes two aspects. on the one hand, reduction from 10 to 5 digits, which would be considered a “big fork”, this will allow Consell to expand measures such as: sanctions already applicable to such owners They refuse to rent their house.. On the other hand, a decision to create new index to determine revaluation of rents Independent of CPI – 3% is recommended for next year – and limit prices inside areas considered “stressful”. “We will begin procedures to implement it in the Valencian Community the day after its approval,” Illueca says strongly.

In this context, Consell’s vice president recalls that Generalitat has already identified 83 municipalities with high housing needs; this list will be updated with new requirements to be considered as stressful areas. Likewise, Ximo Puig, President of both Illueca and Generalitat, evaluated Pedro Sánchez’s statement. Mobilize 50,000 homes From Sareb for social rental. Moreover, Illueca’s only regret is that this measure was not implemented three years ago, as his party Podemos wanted.

less offers

The opinion of developers and real estate agents is very different. “The only thing the law will achieve is to have more.More owners who decide to take their home off the market. “If there is no legal certainty, and on top of that, if they limit the fee you can get, who will want to hire?” asks the president of the Alicante College of Realtors (API). Marife Esteso. “It will get worse,” insists Esteso, who also questions the impact of mobilizing the Sareb portfolio. “will have to see What conditions and where are these houses?“, insists the head of APIs.

In very similar terms, the general secretary of the supporters association (Provia), Jesus RosThe volume of Sareb houses to be leased to social too low to affect the overall price and also a good portion of these assets areas out of demand. Proponents also refuse to interfere with prices, which they guarantee will reduce supply, and they believe the solution must be an increase in public budgets for housing “as in health or education” to increase tax incentives and direct aid. Moreover They advocate promoting VPOOf the more than 5,000 such homes per year in the 1990s, only 256 were built last year.

A prospective client at a real estate agency in Alicante. HECTOR RESOURCES

In this sense, the upcoming approval new territorial regulation arranging this figure -this will raise prices According to Ros, the maximum amounts applied for these homes, which have been nearly frozen since 2013, will allow more promotions to be launched as they are “not possible” at current prices. Specifically, the maximum price of a VPO house between 70 and 90 meters will increase from 85,000 to 118,000 euros, depending on the municipality in which it is located, to an expected maximum of 154,000 euros. arouse the interest of businessmen for this product

Finally, the Idealista spokesperson, Francisco InaretaHe also criticized the new Housing Law very much “The government has once again shown its blindness by continuing its coercive policies towards homeowners. The real elephant in the rental market room is the lack of supply. In fact, all the measures approved so far have only managed to consume more of the current offer and increase rental access problems, with a particular incident among the most disadvantaged groups. For example, 2% limit renting updates that are just starting to turn one year old destructive effect In the market. It is true that it helps people who are already tenants, but it has been a big problem for all the people who need to find a house right now,” said the expert.

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