Politics · Spain · 37 mins ago
PNV backs first housing decree despite falling rental listings in Basque Country
The Basque Nationalist Party says it will back Spain’s first housing decree when lawmakers vote on it on November 12.
The decision comes as rental listings have fallen in the Basque Country: Idealista says they were down 27% after the measures were approved.
The portal also reported drops of 24% in San Sebastián and 21% in Bilbao, compared with a 19% national average.
The decree includes rules for seasonal rentals, limits on large investment funds and protections for vulnerable tenants and small landlords, according to the PNV.
The party says it supports those measures, but opposes a second decree that it believes harms small landlords and reduces rental supply.
The PNV is a key government ally in the parliamentary body that will consider the decrees.
The vote on the first decree is due on November 12.
The Basque Nationalist Party (PNV) says it will vote to approve the first housing decree when it comes before parliament on 12 November.
The party says the decree includes necessary measures, including regulation of seasonal rentals and protections for vulnerable people and small landlords.
Idealista data cited by El Mundo show rental listings fell 27% in Vitoria, 24% in San Sebastián and 21% in Bilbao over the past month.
The reported falls in the three Basque cities exceed the 19% national average.
The PNV opposes a second decree, saying it harms small landlords and reduces rental supply.
- Who
- The Basque Nationalist Party (PNV) says it will support the first decree. Its parliamentary support is described as decisive.
- What
- The PNV will vote to approve the first housing decree, despite falling rental listings in Basque cities.
- When
- The vote is scheduled for 12 November. The cited rental-listing falls were recorded over the past month.
- Where
- The Basque Country, including Vitoria, San Sebastián and Bilbao.
- Why
- The PNV says the decree includes necessary measures and protects vulnerable people and landlords with two or fewer homes.
PNV
Real-estate experts consulted by El Mundo
Effect of the first decree on rental supply
PNV
The PNV says the first decree is not the measure that is reducing rental supply.
Real-estate experts consulted by El Mundo
The experts say the first decree is damaging rental supply.
Second decree
PNV
The PNV opposes it, saying it attacks small landlords and discourages homes from entering the rental market.
Real-estate experts consulted by El Mundo
Not stated
The first housing decrees were approved provisionally, according to Idealista.
The two decrees were approved, according to the article.
El Mundo reported that the PNV would maintain its support for the first decree.
The decree is scheduled for confirmation by parliament.
- PNV vote
- Supports the first decree
- Scheduled vote
- 12 November
- Vitoria rental listings
- Down 27%
- San Sebastián rental listings
- Down 24%
- Bilbao rental listings
- Down 21%
- National rental-listing average
- Down 19%
What people are saying
We have already stated our position on the decrees and we maintain the same stance. We will vote yes to the first decree because it includes measures that are necessary.
In the first one there are necessary measures such as the regulation of seasonal rentals, which was one of the blind spots of the 2023 Housing Law, the limits on the activity of vulture funds that we managed to incorporate, and the protection of both vulnerable people and small landlords with two or fewer homes.
It is an attack on small landlords and we believe it is the one that is really counterproductive and reduces the supply of rental housing on the market.