Real estate sector expresses concern
The main entities in the real estate sector have stated their opposition to a recent decree approved by Parliament, which establishes new regulations on seasonal rents and rooms. These organizations, including promotion of work, warn of the possible negative consequences that the implementation of price controls may have in a sector considered vital for the Catalan economy.
Critics of government policies
Representatives in the sector have not saved criticism of the Government, denouncing the perception of ‘sobregulation’ and the ‘lack of legal certainty’ that affects real estate operations in Catalonia. They say that the measures taken seem to ignore the needs of the sector, accusing the executive of making decisions influenced by political interests rather than the reality of the market.
Demands of more effective policies
The associations in the sector have urged the creation of habital strategies that really promote the increase in supply, instead of penalizing the operators. They consider it essential to find a balance that will meet the needs of the market without compromising the viability of the sector.
Impact of the extension of price control
In a joint statement, the entities have stated that the extension of the prices control to temporary rent could result in an ‘legal extralimitation’. They argue that this would not only have a negative effect on the real estate market, but also generate a climate of insecurity for the owners, who could be discouraged to offer these types of rents.
Existing regulation and its implications
Organizations remember that temporary rents are already regulated by the Urban Leasing Act (LAU), which addresses the needs of various groups such as travel professionals, researchers or students. In addition, they emphasize that these leases are not a substitute for the usual housing, but represent a necessary complement in a dynamic society.
The path ahead
With a legal landscape that continues to evolve, the real estate sector is in a delicate position. Uncertainty about future regulations could affect not only the availability of housing, but also the economic stability of the whole region. Entities hope that the Government reconsider its policies to guarantee a balanced and sustainable development of the real estate market.