FAI has criticized in a statement that the government’s measure is pure improvisation and is made “on the margin of an essential political and parliamentary debate.” In his opinion, far from stabilizing prices “may end up causing the opposite effect”. In this regard, on the strengthening of tenant protection, this association has warned that the elimination of “supposedly abusive guarantees” may end up by “expelling” the most vulnerable groups from the market. Specifically, they have pointed out, this would be the case of 15% of the tenants. With similar arguments, the Association of Real Estate Developers of Madrid (December 2019 Calendar Excel) has charged against the decree of the Executive to conclude that “far from fulfilling its purpose could aggravate the situation of the current rental market.” In this sense, they have criticized that it does not incentivize the offer and “yes it persecutes to the owners that could be induced to remove their houses of the rent or to restrict it to tenants with healthy economies”. As the Federation of Real Estate Associations (FAI), from Asprima have considered that the royal decree law should have been approved “from consensus and dialogue” with all parties involved. In this line, they have asked to reinforce the legal and regulatory security of the sector “that guarantees a real contractual balance between the tenant and the tenant”. Therefore, they have advocated giving the regulation clarity and sustainability over time. Similarly, they have not spared criticism about the linking of the rental price to the IPC. For Asprima “it is not convenient, neither for the market nor for society”, they have concluded.
December 2019 Calendar Excel
Nor have they liked the lyrics and music of the royal decree to the great real estate funds. Claudio Boada, responsible for Blackstone in Spain and Portugal, has recently indicated that the decree will reduce the supply and “paralyze” the market. In addition, the director stressed that Spain becomes “one of the most restrictive markets in Europe” after the reform. From Blackstone have also referred to the “legal uncertainty” that prevails in the rental market, which will have been subject to three different laws in the last three months if the decree finally goes ahead. “Any new regulation on the rental market requires a rigorous sector analysis and debate among all market operators, an objective that does not meet a royal decree a few days before the dissolution of the Chambers,” adds the head of Blackstone in Spain .
Not only the investment fund, which December 2019 Calendar Excel has been responsible for that the rental prices have risen sharply, yesterday criticized the last normative gale of the Government. The Association of Realtors with Assets for Rent (Asipa) announced that it has sent a letter to all the parliamentary groups in which it expresses its “deep concern and warning of the negative effects” that this rule may have. The association also stressed that “more than 10 million citizens live on rent and more than 4 million savings families have in this market a supplement to their income.” In tax terms, having a company in Spain leaves 57% more expensive than in the United Kingdom, 7% more burdensome than in the United States, 25% more onerous than in the European Union (EU) average and 22% worse than the OECD average. With these data it is not surprising that, in the ranking of tax voracity on business activities, Spain occupies top positions in international perspective. Of course, there is always the consolation of knowing that others still bear more fiscal pressure, concrete case of Germany, Italy and France.