Spain 2050 plan: reduce to 4.5% the population suffering from overpayments for housing

Spain 2050 plan: reduce to 4.5% the population suffering from overpayments for housing

The project "Spain's Strategy 2050", presented by Prime Minister Pedro Sánchez, puts forward more than 200 proposals to improve the country's economic and social situation in the coming decades. These include housing measures, such as creating a fiscal framework to encourage affordable rents or reducing the rate associated with paying for housing.

The Spain's plan for 2050 proposes to reduce the percentage of the population experiencing a financial burden due to housing costs, and focus on the population living in rented housing "which is experiencing the greatest burden", to 8% in 2030, 6.5% in 2040 and 4.5% in 2050.

The project emphasizes that "it will be important to take into account the relationship between rental prices and family incomes, as well as the regional and municipal heterogeneity of the Spanish housing market."

It also recommends creating a tax system aimed at increasing the supply of affordable rental housing and providing access to it for low-income families," with a particular focus on territorial areas that are more stressed."

It is also necessary to promote the energy efficiency of residential buildings through their reconstruction, in order to reduce the energy consumption in the housing stock by about 35% by 2050.

In order to effectively guarantee access to decent housing, the document also advocates for increasing the availability of public and social housing by purchasing it in consolidated buildings and communities, and reconstructing or constructing new housing. "Their location should exclude new processes of socio-special division," the document adds.

The document also calls for encouraging the rental of empty housing, providing sufficient guarantees to the owner and monitoring the quality of the proposed housing. To this end, it is proposed to establish or improve, where necessary, public rental intermediation exchanges and public-private cooperation structures that promote more effective management.

Mechanisms will be created to protect public and housing assets for subsidized rental housing, to ensure its maintenance, as well as to prevent the termination of ownership of them.

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