Politics · Spain · 4 hrs ago

Spain’s PP proposes building one million homes in the next legislature

Spain’s PP proposes building one million homes in the next legislature

Juan Bravo outlined the People’s Party’s housing plans in Spain ahead of the country’s 29 November election.

The party says it would build one million homes during the next legislature to address a shortage of housing supply.

Its proposals include speeding up building approvals, making more land available and converting some commercial premises into homes.

The PP also proposes lowering VAT on housing from 10% to 4% and offering guarantees for 20% of new mortgages.

For renters, it would replace mandatory lease extensions with tax incentives, aiming to bring 300,000 to 400,000 homes back onto the rental market.

These are campaign proposals, not measures already in force, and the party says it would repeal government intervention in housing if it governs.

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Juan BravoPP deputy secretary for housing, finance and infrastructure
construction of one million homes during the legislature
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700,000 people would be needed in the construction sector
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reduce VAT from 10% to 4%
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recover between 300,000 and 400,000 homes that have disappeared from the market because of insecurity
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