HE Realtors Association Alicante recrimination against new Housing Law It was approved by the Government last year and is largely attributed to There was a strong recovery in rent in the state. a price increase of 16% Regarding 2022.
A regulation he presided over Marife Esteso It is described as “disaster“Because, according to him, this situation Exit from the “thousands of housing” market in the last months.” In this way, for Esteso, the new law fully achieved its purpose. the opposite effect to that intended, It discouraged renting rather than encouraging it.
“With this regulation The landlord’s legal security is eliminated “This means that people who have a rental apartment choose to sell it or convert it into tourist housing,” says Esteso. The results did not last long, the supply of rental housing decreased significantly, and therefore prices continued in free ascension in Alicante.
The President of the Alicante Realtors Association reminds that the institution had previously warned that the Housing Law, which came into force on May 26, would be brought to residences. negative consequencessuch as limiting rent in certain areas and extending evictions for vulnerable households.
In this sense, he states the following. There are homeowners who are more vulnerable than some tenants. but these are not fully protected by this Act, adding: “The majority of homeowners are middle-class citizens who own a rental home which they use solely to supplement their income.”
Bills
With respect Real estate management expenses are covered by the property owner, The head of API emphasizes that this not only means a higher cost for the homeowner, but also a cost. loss of motivation gives more rent, but at the same time creates a greater lack of protection for the tenant “since the figure of the professional is understood as a representative of the landlord, this will result from the defense of the landlord’s interests. Best of all, a professional can act as a Mediator and provide both parties with the assistance of the signing of the contract “We can advise on previous transactions as well as any subsequent transactions that may arise.”
Alicante Realtors Association reminds governments to implement measures that will truly serve them. increase housing supply for rent.
As a result, the president of Alicante API College emphasizes that the Housing Act “criminalizes” property owners rather than offering them legal security, meaning that the rental market continues to be affected by its consequences while the law is in force.