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Could the Rent Cap Trigger a Troubling Housing Crisis?

20 mins.
07 MARCH, 2024
ANALYSTS:
Pedro Larrasquitu
Leopoldo Torralba
CATEGORIES:
Real Estate Spain AER España
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The Spanish government recently published the State Benchmark System for Housing Rental Prices. The aim of this report is to analyse its impact on the Spanish housing market and to position ourselves in terms of its implications. In addition, we share our view of the sector, along with an analysis of the real estate market. Thus, we try to answer the following questions:
To whom does this new measure apply?
Are there any mitigating factors?
Is the year-on-year drop in housing transactions cause for concern? What do we expect for 2024?

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