New state housing act: key aspects

Parliamentary processing of the new state housing act has reached an advanced stage. Key aspects of the new regulation are:

• New concept of large property holder.

• Restrictions on housing rental prices.

• Amendments to the system for extending residential lease agreements.

• Property tax surcharges imposed on vacant housing.

• Increased percentages of land reserves for social housing.

• Ban on removing housing definitively subject to a public protection scheme from that classification, with some exceptions.

• Restrictions on the sale of the public housing supply.

• Amendments to the regulation on eviction processes, mortgage foreclosure and real estate auctions in situations of vulnerability.