The article discusses the negative impact of declaring 140 Catalan municipalities as areas of tension in the residential rental market. This declaration has led to the application of higher income thresholds, exacerbating the issue of access to housing. The Association of Promoters and Builders of Catalonia (APCE) has expressed concern about the effects of this measure on the rental market, noting a reduction in the number of available rental properties without a significant impact on prices.
Furthermore, the article highlights that many «Build to Rent» projects in Catalonia have shifted to sales due to the challenges posed by the new regulations. The APCE had previously warned about the potential harm of such interventionist measures on the market. A survey conducted among APCE associates revealed that many companies had redirected their investments from rentals to sales, or had postponed planned rental investments due to legal uncertainties and operational difficulties.
The uncertainties created by these measures have also deterred investment in rental properties in Catalonia, with some companies considering relocating their investments to other regions. This situation has had a detrimental effect on the rehabilitation of rental buildings in the region.
In conclusion, the APCE emphasizes the need to reevaluate these measures to ensure a more sustainable and balanced approach to the housing market in Catalonia.
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