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Iglesias Proposes Imposing a Tax on the Owners of Empty Homes

In Spain, there are around 4.3 million empty homes, according to calculations by Unidos Podemos, which regards the tax as a way of encouraging owners to put those properties on the market.

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Pedro Sánchez and Pablo Iglesias at the presentation of the General State Budgets. Source: Moncloa/Borja Puig

Podemos is working on a series of initiatives in the housing sector, including the creation of a tax on empty homes that would fall on all types of owners, from funds to banks to private owners.

Specifically, the party led by Pablo Iglesias wants to include its proposal in the new Housing Act, according to Vozpópuli. The purple party estimates that there are some 4.3 million empty homes in Spain and it considers that in many cases the problem is not related to the law of demand and supply, but rather to a policy on the part of owners, which, in a time of crisis such as this one, must be corrected.

Read the full article in Spanish.


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