Spain's Small Landlords Withdraw Thousands of Properties From Traditional Rental Market over Government Decrees
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19 Articles
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The latest housing decrees of the Government are beginning to alter the activity of the rental market. 72% of the real estate agencies claim to have registered paralyses in the signing of contracts since the announcement of the new measures, while 78% have detected withdrawals of flats from the usual lease. These are the results of a study prepared by the National Federation of Real Estate Associations (FAI), based on the responses of more than …
In the coming weeks a drop in the volume of rental operations is expected to be between 25% and 30%
Each real estate agency has lost an average of almost four homes. The National Federation of Real Estate Associations (FAI) warns that the volume of operations could fall between 25% and 30% over the coming weeks.
The Government's decrees on housing have had an immediate effect on the rental market, which has been translated mainly into the removal of property from the agencies by the small owners. In total, 4,235 housing units have been removed or diverted from the residential lease in the last 10 days - since the Congress knocked down the decrees, elections were called and re-approved in the Council of Ministers - and another 1,523 signatures have been …
88.9% of the agencies note the withdrawal of houses from the rental following the decrees: 4,235 floors less in ten days, according to the FAI. The entrance The withdrawal of houses from the rental is triggered: 4,235 floors less in ten days by the decrees of the government appears first in Moncloa.
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