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Page estimates that Spain “needs at least 300,000 additional homes per year”

09/30/2024

Updated at 4:18 p.m.

The president of Castile-La Mancha, Emiliano García-Page, believes that Spain “needs at least 300,000 additional housing units per year. And this also means stimuli for the real estate sector.

“The construction of housing must be affordable in the private sector, in the furniture sector, which is capable of manufacturing hundreds of thousands of housing units, as we have done,” he said Monday from Guadalajara. The problem is that “in Spain we are still with the sword of Damocles and the bubble on our heads.” “And from this sludge this sludge is born. Since that time, we are not finished conceptually and there are people who approach the housing problem with certain cobwebs.

In addition, he believes that the Minister of Housing and Urban Agenda, Isabel Rodríguez, is one of the people “with the best capacity to reach agreements”. “If they leave it, I am convinced that the Conference of Presidents will be able to forge a consensus,” he added, after being questioned about the minister’s statements, warning that autonomous communities that do not respect the law on housing, like Madrid, will not receive state funding for their policies in this area.

Finally, on whether Castilla-La Mancha plans to impose caps on property prices, Page said this dynamic is “more complex” in larger cities. “Fortunately, we have a region that is more established in this sense and with more balanced populations.” That said, he insisted on the need to reach a consensus that “the prerequisite for impact on the real estate market is that there is a lot more housing on the market. And what’s more, it has to be where we need it.


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Maria Popova
Maria Popova
Maria Popova is the Author of Surprise Sports and author of Top Buzz Times. He checks all the world news content and crafts it to make it more digesting for the readers.
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