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The latest decision of the Spanish government helps tens of thousands of people to find housing

Sanchez said the government will use the €4 billion it received from EU bailout funds to give loans to developers and owners to build and convert houses into social rental housing, then rent them out at a discount for at least 50 years, providing affordable housing. .

“We will turn access to housing into a right, not a problem,” said the Prime Minister, emphasizing that the homes created in this way must be energy efficient.

The decision could have a major role in the development of the provincial elections in Spain on May 28, and also in the parliamentary elections later in the year. In Spain, only 16% of young people currently live independently, while in Europe this proportion is an average of 32%.

Housing exhibition
Visit the 13th Housing Exhibition opening on Friday! At the free event again this year, between 10 a.m. and 6 p.m., we welcome those interested in the housing market in the area of ​​the MOM Sport Swimming Pool and Event Center. Click for details!

Cover image source: Shutterstock