Perhaps it is still too early to know whether the demonstration that took place yesterday in the center of Madrid to demand improvements in the will of housing or not will lead. “hitting the rent”a controversial instrument of legitimacy in Spain, but one that sounds more and more. There is no doubt that the 13 problems of the real estate market have reached the very first legal case. There are those who are already speaking “new 15-M”From a* “Revolution key”arranged like a strike 1931 in Barcelona and who is responsible for the resignation of the minister of the sector. Of course, the government is not reluctant to move.
And he did it by using the old aid; and bonuses to pay the rent.
The question is… Are they a problem?
Housing, to discuss. The promise is a huge journey. And it does not confuse. The ten thousand of people who took to the streets of Madrid yesterday shouting “Housing is a right, not a business” managed to place the problems of the residential market – especially rent – in the center of the media’s focus.
There is talk of a “keychain revolution”, a bar ad “new 15-M”To organize a rent striking demand as income to get a 50% cheaper and even requested report from Minister Isabel Rodríguez, who was confirmed today “to catch” a complaint about what he defines as a “social emergency.”
200 million in aid. Sunday’s demonstration was strong enough that the Prime Minister had to speak today. He did it in the Prisa world market in execution. More there board “distribution of 200 million euros for young people in the rental market”.
The institutional machinery will be set up immediately for the distribution of funds to go through the Council of Ministers this week. Of measure he spoke also Rodríguez, the minister who demanded “speed” from the autonomous communities, who was in charge of taking help, TVE.
“We continue to fight so that housing stops being the business of the few and becomes the right of all.” Peter Sánchez guaranteed in the market, in which he also recognized the housing “difficult” panorama in our country, when prices “have not stopped rising” and “barely” supply. To alleviate this situation, he made another announcement: a new regulation specifically designed for “frauds in travel and accommodation contracts”.
Are there new measures? No. neither one nor the other. The Government has promised to regulate the time rental market, which has become more profitable in order to circumvent certain regulatory requirements; We will talk to you in July.
The 200 million in the aid of money, so that the income is not so new as to punish the pockets of young people. The government has already been informed a few weeks agoafter the Sectoral Conference on Housing and the Urban Agenda, which unanimously agreed to distribute that amount for the New Rental Bonus. because it is not being, it will not be first call assistance program.
What is the Young Rental Bonus? The injection of 200 million euros is designed in such a way that the income of young people does not suffocate. After all, there are studies that suggest that younger tenants end up investing 70% or even more than 90% his wages to catch up with his owners.
“They envisage aid in 250 coins, for two years for each young person, to facilitate their emancipation or in any case to enjoy access to a house or a room on a rental or transfer basis.” digesting recently from Moncloa. Details can be found at housing or BOE.
In what quantities? He shoots wider cast funds from the independent community, which is in charge of managing the claims of the tenants who are interested. Line direct help They are organized by young people between 18 and 35 years of age with income that does not exceed a certain limit and pay a monthly income that also falls within a certain range.
For complete rooms there is talk of up to 600 euros. For rooms up to 300 coins. Both figures can be raised to 900 or 450 listwhile respectively agreed by the Program Monitoring Committee. The aid has a limit of two years and is distributed in monthly installments of 250 coins, which in the end adds up to an amount of 6,000 euros.
Click on the image to go to the Tweet.
But to whom? The government offers a rental bonus as a way to “access to housing”but the efficacy of this type has for some time been clouded with doubt. We told you already in 2018 with Mariano Rajoy at Moncloa, after the launch of the 2018-2021 Housing Plan. What was then on the table was a subsidy of up to 50% of income for houses up to 600 euros. Or 900, if he was from Madrid, or from Barcelona.
The measure raised two doubts, which are partly translated into the present scenario. First, as to the quantity. Especially if you consider the average rent in Spain now 1,874 per month in European currencyaccording to data from Enalquiler. That is, it is an average that also hides large differences between regions, but the data are significant. The second big question was… What effect do they have? Did they solve the problem or help the owner?
“Another biz for the owners.”. The notes are from the spokesman Sumar Íñigo Errejón, who did not miss much after the announcement of Pedro Sánchez this morning. to leave a record in your 10 doubts. “It’s not like that. This gives the owners another big chunk of public money, which will keep public support and raise prices again,” he cries. In his opinion, the key is to “limit prices”.
A similar criticism was issued by the general secretary of Podemos, Ione Belarra. and from your account in X *“The rental aid for young people that Sánchez announced has not only been announced, but it has the opposite effect – they raise prices more if the cap splits are not applied. This has already happened.”
Expert advice. Not all criticism from the political opposition is new. They spoke of the effects of similar actions in France or Great Britain some academics that they conclude that the countries have drawn some help.
“The results suggest that in the private sector, the additional support of the euro would increase the income of applicants by 60-70 cents,” it was concluded. in the analysis of 2010 by Aki Kangasharju specifically on housing and rental subsidies.
“What appears on the surface as a good measure is still a temporary measure with no real effect and a loss of prices,” warned José Ramón Zurdo, from the Rental Business Agency, in 2022, after the approval of the Rental Bonus. the key It shows El Españolis that the requirements limit the number of benefits and can affect the purpose of the owners: “Many people, aware of this help, could raise their rental prices.”
“to continue the journey”;. In a speech this morning, Sánchez also affirmed the usefulness of one of the government’s star measures in the residential market, although in the environment: It is the law. With the President of the Catalan Generalitat, Salvador Illa, he mentioned that he also wants to promote the community 50,000 houses protected. “It is the way that all the administrations must stay together. I hope that all the regional and local administrations understand this once.”
Images | Daniel Soh (Unsplash), Pool Moncloa/Borja Puig de la Bellacasa, Ferdinand Jiménez Briz (Flickr)
In Xataka | A study looked at which European cities saw the most income growth and found a familiar suspect: Madrid
