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HOUSING

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Sanchez announces tax bonuses for homeowners who don't raise the rental price

Both EH Bildu and the other left-wing parliamentary groups have advanced that they will not support the measure. According to EH Bildu, wanting to "get rid of taxes" by owners who are "charging excessive rents" is "a joke."

 

vivienda alquiler etxebizitza alokairua efe
Stock image. Photo: EFE

Spanish Prime Minister Pedro Sánchez has announced a 100% tax bonus for homeowners who do not raise the rental price of their homes. The idea is to implement the measure by royal decree in the coming weeks. 

The socialist leader has advanced the measure at an event held in Madrid, where he said that the new rule also seeks to limit rental contracts and dormitory contracts for a certain period of time.

Among other things, he explains that in cases where rooms are rented individually, the sum of the rooms cannot exceed the total rental price, while in high-voltage areas the control measures provided for in the Housing Act will be applied. 

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Both EH Bilduand the other left-wing parliamentary groups have advanced that they will not support the measure. According to Oscar Matute of EH Bildu, wanting to "get rid of taxes" by owners who are "charging exorbitant rents" is "a joke."  "What the government has to do is automatically extend the rental contracts that end in 2026 and not give public money to the owners to earn even more."

Sumar— a partner of the PSOE in the coalition government — has also strongly criticized the announcement and has made it clear that he will not vote in favour of the PSOE proposal. "Giving public money to landlords is a serious mistake," said Yolanda Díaz, Chief Executive and Second Vice-President of the Spanish Government and Minister of Labour and Social Economy. 

In the same vein, Podemos MEP Irene Montero has explained that they will vote against making 'gifts to landlords'.

The consumer rights association Facua has also denounced the Spanish Government's unwillingness to end property speculation.

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