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Spain’s New Housing Decrees Aim to Halt Evictions and Curb Speculative Funds

Adam ·
Spain’s New Housing Decrees Aim to Halt Evictions and Curb Speculative Funds

In a modest office in Madrid, housing activist Ana Martínez watched the minutes tick by as the coalition government prepared to unveil a two‑part legislative package designed to ease the nation’s deepening housing crisis. The first decree, unveiled on Tuesday, bundles a suite of measures that range from strengthening anti‑eviction safeguards to tightening rules on speculative purchases by investment funds.

Key measures in the first decree

The government plans to restore robust protection for tenants facing eviction, re‑introducing procedural safeguards that were weakened in recent years. It also proposes new tax adjustments aimed at both landlords and renters, seeking to balance the market and reduce the financial pressure on families struggling to keep a roof over their heads.

Perhaps the most striking element is the clampdown on so‑called “vulture” funds. The decree will impose stricter limits on the acquisition of residential properties by speculative investors, a move intended to curb the rapid price inflation that has priced many Spaniards out of the market.

Uncertain future for the second decree

The second decree focuses on a single, contentious proposal: converting existing rental contracts into indefinite terms. This measure, slated for a vote in an extraordinary parliamentary session on Friday, faces an uncertain path to approval, reflecting deep divisions over tenant security versus market flexibility.

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