Politics · Spain · 23 hrs ago

Spain's Congress to vote on two housing decrees on November 12

Spain's Congress to vote on two housing decrees on November 12

Spain's Congressional Permanent Deputation will vote on two housing decrees on November 12, after parliament was dissolved ahead of a November 29 election.

The decrees took effect when published on October 7, but parliament must decide whether to approve or reject them.

One package includes measures to address rising housing costs, including limits on property purchases by investment funds and tax benefits for landlords and tenants.

It also proposes loans of up to €50,000 for a first home, through a scheme managed by the public ICO credit institute.

The second decree would require landlords to compensate tenants if they end a rental contract.

The governing bloc and opposition have equal numbers in the Deputation, so the Basque Nationalist Party's single seat is decisive; it supports the broader package but opposes the compensation measure.

The broader decree is expected to pass by 35 votes to 34, while the tenant compensation decree is expected to fail.

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