Housing Law completes its first five months. Although the draft was approved by the Council of Ministers on February 1, 2022, it did not receive Congressional approval until April 27 this year and did not enter into force until May 26, the day it was published in the Civil Servant Bulletin. (BOE).
The new regulation includes: price limits Safety precautions in rental areas reported to be stressful protection evacuationsIn addition to support for public housing, restrictions are being placed on large homeowners and empty houses. Law I didn’t like the inside Real estate Because it’s too intrusiveIt predicts the opposite effect, exacerbating already existing accessibility problems.
Fulfillment of some of the measures foreseen in the standard Depends on autonomous communities or town councils. All administrations where the People’s Party is in power have declared that they will not implement it within their authority. Currently, only Catalonia has sent a letter to the Ministry of Transport, Mobility and Urban Agenda (MITMA) requesting that 140 municipalities in the region be declared tension zones. Therefore and for now, The market path of the new regulation has been narrowed.
5 months after it came into force, the Housing Law Did it lead to a decrease in the supply of rental flats? According to data from Fragua, a real estate data platform created by the firm Atlas Real Estate Analytics, the supply of housing in the rental market remained stable. almost unchanged There has been a slight increase in available stock of less than 1% over the last 150 days. According to Fragua, the number of rental properties across the country has remained stable between 90,000 and 100,000 in the last six months.
When analyzed by provincial capital, including the two autonomous cities of Ceuta and Melilla, housing availability increases and decreases in the same number of cities, 26 each. The map does not show a regional trend. different data in each city. First of all, following the approval of the Housing Act, homeowners did not aggressively take their homes off the market.
There is a slight downward trend in available stock in the six largest Spanish cities by population: Supply decreased by 37%, 28% and 22% in Madrid, Zaragoza and SevilleNumber of houses awaiting rent, respectively; In Barcelona and Valencia, the numbers have remained stable in recent months. In Malaga alone, availability specifically increases by 45%.
In addition to previous capitals, the supply of rental apartments also decreased Oviedo (-3.4%), kalelon (-31%), bilbao (-28%), Salamanca (-27%), Burgos (-26%), Valladolid (-26%), Lleida (-26%), Lugo (-24%), Granada (-22%), A Coruña (-20%), Palencia (-17%), Ciudad Real (-16%), Las Palmas (-15%), Guadalajara (-15%), Palma de Mallorca (-12%), Badajoz (-10%), Ávila (-9%) ) ), Vitoria (-8%) and San Sebastián (-8%). Availability in Albacete, Ceuta, Córdoba, Huesca, Logroño, Melilla, Santa Cruz de Tenerife, Toledo and Zamora remained virtually unchanged, with increases or decreases of 5%.
Soria is the city where the opportunity to find a rental apartment increases the most in Spain.According to Atlas Real Estate’s Fragua report, 1.74 times more homes were advertised than five months ago. In addition to the aforementioned Málaga, the number of apartments available for rent in Almería (71%), Cuenca (70%), Teruel (56%) or Pontevedra (54%) also increased.