The initiative, to be discussed at the weekly meeting of the Government Council this Wednesday, aims to mitigate the current housing access crisis, especially for young people and families. The main measure involves shortening construction deadlines to align the pace of building with market demand.
Additionally, the legal text includes incentives to increase construction capacity without consuming new land. This will be achieved by expanding density by up to 30 percent and building capacity by 20 percent, which will allow for an increase in the number of flats within the same development.
“"Of course, it is necessary to facilitate the construction of protected housing, but these measures are useless if there are no complementary policies to limit rental prices and discourage housing hoarding. It is also useless to build protected housing if after 15 years it becomes free housing to be sold at market price. And, of course, it is also useless if the housing is not affordable, as is the case with the [Plan Vive] (...) so that a few developers continue to get rich."
However, the proposal has drawn criticism from the opposition, particularly from Más Madrid. This party argues that the announced measures are insufficient if not complemented by the application of the state Housing Law and other policies to control rental prices.
The opposition also points out that the plan has "more holes than a colander" and fails to address the fundamental problem of uncontrolled housing prices. They propose measures such as capping rental prices and imposing taxes on those who acquire properties for business rather than residence, such as the ITP and IBI.
