Madrid (EFE) positioned against it.
In fact, after the call for general elections for next July 23, the general director of the Rental Negotiating Agency (ANA), José Ramón Zurdo, believes that the Housing Law could be completely repealed if the popular ones manage to govern.
In this sense, after yesterday’s elections, the development of the Housing Law, included in the application of stressed areas and which was aimed at intervening and limiting rental income, will not have a real effect on the vast majority of the autonomous communities and municipalities of Spain, says Zurdo.
In those communities where it can be applied, denounces ANA, it will displace the investment of promoters and investors towards those communities that do not impose limits on rental investment, creating a “two-speed” Spain.
“What is unheard of is that the rental market in our country has to keep an eye on the election results to find out whether or not an owner can safely and calmly put their home up for rent,” he adds.
Uncertainty between tenants and landlords
In this sense, the agency stresses that this uncertainty is affecting everyone, tenants and owners, seriously disrupting the rental market, destroying supply, and making access to housing extremely difficult.
The Housing Law, which among other measures will limit rental prices, came into force last Friday, two days before the regional and municipal elections, after the coalition government secured the necessary votes in April to move it forward thanks to an agreement with ERC and EH Bildu after years of negotiations.
However, it will be until January 1, 2024 what is related to the tax incentives that will be applied in the IRPF to the leases of real estate for housing.
The PP was yesterday the force with the most votes in the municipal elections with more than 7 million votes, around 800,000 ahead of the PSOE, and managed to snatch six autonomies from the left, including the Valencian Community, Aragon and the Balearic Islands.