this post was submitted on 14 Jan 2025
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The measure was one of a dozen unveiled on Monday by the country’s prime minister, Pedro Sánchez, as the government seeks to quell mounting anger over housing costs that have soared far beyond the reach of many in Spain.

Sánchez sought to underline the global nature of the challenge, citing housing prices that had swelled 48% in the past decade across Europe, far outpacing household incomes.

“The west faces a decisive challenge: to not become a society divided into two classes, the rich landlords and poor tenants,” he told an economic forum in Madrid.

The proposed measures include expanding the supply of social housing, offering incentives to those who renovate and rent out empty properties at affordable prices and cracking down on seasonal rentals. In Spain just 2.5% of housing is set aside for social housing, a figure that lags drastically behind countries such as France and the Netherlands, said Sánchez.

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[–] mrhenry77@lemmy.world 26 points 3 days ago (2 children)

we need this in berlin too

[–] AbsoluteChicagoDog@lemm.ee 23 points 3 days ago (2 children)

And everywhere else. Along with banning corporate ownership of residential property and banning short term rentals.

[–] MonkeMischief@lemmy.today 8 points 3 days ago* (last edited 3 days ago)

Wow, if corpos couldn't own residential property? Could you imagine?? Unlike a lot of ways the world is all wrong, this is such a clear-cut, actionable demand. I love it. It's so simple.

I mean they'd probably find ways to just put the deeds under individuals that are puppets for their corpo-daddies or something, but it'd be such a good impact.

Yeah, we need this.

[–] Glitterbomb@lemmy.world 5 points 3 days ago (1 children)

Banning them just sounds so....bureaucratic. cant we just eat them?

[–] AbsoluteChicagoDog@lemm.ee 1 points 2 days ago

Up to them. I'm willing to compromise with a ban.

[–] frostysauce@lemmy.world 1 points 2 days ago

All this 100% tax will do is stop the slightly less wealthy non-EU residents that are currently buying houses. People that can will just pay it despite the tax if they want it bad enough.

[–] los_chill@programming.dev 27 points 3 days ago (1 children)

Can we get this in Washington State please.

[–] JasonDJ@lemmy.zip 3 points 2 days ago

Spotted the savvy European investor.

[–] atro_city@fedia.io 90 points 4 days ago (4 children)

Just make it so the dwelling has to be occupied by the owner for 9-10 months a year. Every month it is unoccupied, the owner has to pay the value of a monthly rent as tax multiplied by the number of months it has been unoccupied -->

month 1 = rent x 1 month 2 = rent x 2 month 3 = rent x 3

I think that'll be hard to ignore for most landlords - foreign or not.

[–] fine_sandy_bottom@discuss.tchncs.de 33 points 4 days ago (13 children)

How do you confirm whether the property is occupied?

[–] atro_city@fedia.io 8 points 4 days ago (2 children)

How does the state know which house you occupy / where you live?

[–] Cornelius_Wangenheim@lemmy.world 18 points 4 days ago (1 children)

They don't. They trust what I tell them.

[–] atro_city@fedia.io 9 points 4 days ago (7 children)

Great. Would you be willing to declare your primary residence at another dwelling you don't live in just to help out a friend? Do you expect that to be an easy thing to do every month in order to trick the system? Do you think the landlord of the residence you're living in would simply lie down and take a fine if they know you've signed a contract to live there and declare it as your primary residence?

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[–] scarabic@lemmy.world 4 points 3 days ago

Occupancy is hard to monitor and easy to fake though. Purchases are impossible to miss and are a single point of enforcement as opposed to an ongoing burden like you’re suggesting. Though I do appreciate the spirit of your plan.

[–] frostysauce@lemmy.world 1 points 2 days ago (1 children)

The people that wanted to have an additional, part time residence in Spain that could afford it would simply pay it.

[–] atro_city@fedia.io 1 points 2 days ago

Really? A cute little apartment in the center of Madrid that would normally cost 3k a month?

Months Nominal Rent Rent Accumulated total % of original value
1 3000 3000 3000 0,15%
2 3000 6000 9000 0,45%
3 3000 9000 18000 0,90%
4 3000 12000 30000 1,50%
5 3000 15000 45000 2,25%
6 3000 18000 63000 3,15%
7 3000 21000 84000 4,20%
8 3000 24000 108000 5,40%
9 3000 27000 135000 6,75%
10 3000 30000 165000 8,25%
11 3000 33000 198000 9,90%

Let's say they bought it a 2M€. You sure they would want to let it sit empty for 9-11 months a year?

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[–] Critical_Thinker@lemm.ee 25 points 3 days ago (5 children)

I hope there is an exemption for people buying houses that they reside in full time. This type of policy is incredibly anti-immigrant otherwise.

[–] Korrok@lemmy.blahaj.zone 14 points 3 days ago* (last edited 3 days ago)
[–] hungryphrog@lemmy.blahaj.zone 16 points 3 days ago

Yeah, that's what I thought too. But also it says "resident" so I guess you don't have to be a citizen to buy a house?

[–] tb_@lemmy.world 8 points 3 days ago (1 children)

You can rent for some time until you have your residency solved/accepted.

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[–] fushuan@lemm.ee 5 points 3 days ago* (last edited 3 days ago) (5 children)

Non-EU residents. Right there in the title. If you are residing in Spain then you are a de facto EU resident.

Ffs.

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[–] JoeKrogan@lemmy.world 37 points 4 days ago (1 children)

I agree with the measures I hope they address companies doing it too as it could be a loophole.

We were thinking about a move to Spain soon and in years to come possibly renting out the home we buy and live in South America to be closer to family.

I imagine in this case , as a non EU resident despite being an EU citizen the tax would apply.

[–] frank@sopuli.xyz 8 points 4 days ago

I'd guess so, and that makes sense to limit the people wealthy enough to buy property and not live in Spain

Not saying you're a rich landlord

[–] deadbeef79000@lemmy.nz 46 points 4 days ago (1 children)

I'd have assumed that the majority of landlords were EU citizens... then remembered about Brexit.

That'll upset the brexiters, and they'll howl about the mean Spanish government...

[–] Aceticon@lemmy.dbzer0.com 37 points 4 days ago* (last edited 4 days ago) (1 children)

I remember back during the Leave Referendum that many Briton pensioners living in Spain voted Leave "To keep the Spaniards from entering 'our' country" and later were very suprised that they themselves were also impacted and had to apply to live in Spain (and apparently after the end of the transition period some even got expelled from Spain because they couldn't be arsed to register and became illegal immigrants).

[–] sensiblepuffin@lemmy.world 36 points 4 days ago (2 children)

That is the most Brexit thing I've ever heard. The audacity to complain about the Spanish in your country while the British loudly and palely swarm Spain every summer.

[–] Blackmist@feddit.uk 3 points 3 days ago

Tbf, most of the complaining was about Poles and Romanians.

Mostly because they were the lower income additions to the EU, and the absolute poverty wages being paid in the UK farming and construction industries would have seemed like a fair deal to them.

Oh and this cunt who convinced his empty headed followers that millions of Muslims would be coming here under EU rules from famous EU member, Syria.

[–] Aceticon@lemmy.dbzer0.com 7 points 4 days ago* (last edited 4 days ago) (1 children)

Yeah, I was an EU immigrant in Britain at the time and the Delusions Of Grandeur of the locals were really placed in sharp relief and some of those were pretty shocking. These were especially bad for the Brexiters but for example many Remainers claimed that the UK should "Stay in the EU and shape it from the inside" (so a "we Britons know best than the rest" view, and remember that the Leave Referendum happenned after the UK Government demanded from the EU, once again, even more special treatment and was told "No").

In Britain the mindset that led to Brexit had been heavilly pushed by the Press and Politicians for decades, so this outcome wasn't totally unexpected. In fact I only know about Britons being expelled from Spain after the end of the transition period since they didn't register, because some British newspapers which had supported Brexit published outraged pieces about how Spain was expelling Britons), so even after the whole Brexit thing was done, at least part of the Press still pushed (and Britons still believed) the whole idea that Britons should have special treatment even whilst not reciprocating it.

As I see it Britain and Britons are suffering from one hell of a post-Imperial Hangover, which makes it very problematic for them to cooperate with other nations in any format other than "purelly competitive and always trying to gain an advantage over others", so they were always the odd one out in the EU and, frankly, De Gaule was right when way back he did not want to let the UK into the EU.

[–] deadbeef79000@lemmy.nz 6 points 4 days ago

post-Imperial Hangover

LOL 100%

[–] natecox@programming.dev 49 points 4 days ago (2 children)

On the surface it seems like a good idea: if the home isn’t going to be your primary residence you pay extra—a lot extra—to curtail a housing shortage caused in part by foreigners buying and inflating.

That said… if the issue there is anything like it is here in the states, the buyers will have more than enough capital to buy anyways and just pass the cost along to tenants… making the problem worse?

[–] MudMan@fedia.io 55 points 4 days ago (6 children)

See below, the idea is for rent control to take care of that, which is part of the package. Along with the government supposedly planning to build their own company to compete.

If they were able to manage getting this implemented, which is dubious for political reasons, it probably would work, but it'd take at least a few years and there are many ways the increasingly anarchocapitalist conservative forces around it can disrupt it. We'll see. As a model for other places... it's probably a good place to start looking, it just needs a legal framework where you can deploy all of it (rent control, direct government development and rental, fiscal pressure on speculative property purchases). Just one piece alone probably won't do it.

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[–] Eatspancakes84@lemmy.world 15 points 4 days ago (1 children)

The bigger issue is that it’s quite easy to “hide” that you are foreign. To do so, simply set up a holding in Spain that buys the house on your behalf.

[–] MudMan@fedia.io 28 points 4 days ago

The legislation being proposed also has a bunch of regulation regarding Spanish holdings buying property, including rent price controls. Depending on how you look at it, forcing foreign groups to set up shop domestically and be restricted by that regulation is the entire point of the tax hike.

Spanish media were reporting recently that some existing rental holdings were starting to dump real estate in response to the rent control, at least in Barcelona.

The bigger problem will be whether the legislation package passes in Parliament, where it needs support from conservative regionalists and then gets implemented at the autonomy level (think states, if you're American), which is largely controlled by conservatives.

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