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%.
Cover image source: Shutterstock
Leave a Comment