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Spain’s Economists Rally Against Rent Controls and Propose Alternative Measures

The Council of Economists in Spain is asking for the problem to be addressed with subsidies for the rental, construction and purchase of buildings to be used for social and affordable housing as well as for public-private collaboration.

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The General Council of Economists in Spain has reacted fiercely to the future law that will allow autonomous regions and municipalities to temporarily limit rental prices in what the Government calls “stressed” or “highly sought-after” areas, in particular, in large cities. The future legislation is due to be presented to the Council of Ministers in February.

During a virtual conference, the senior body of economists asked for the problem to be addressed in a ‘planned’ way, because in their opinion, “there are no magic or simple solutions to the problem of access to housing, as some of the populist proposals seem to suggest”.

Read the full article in Spanish.

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