Spain: President Sanchez Approves New Decrees to Address the Housing Crisis - teleSUR English
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On Tuesday, the Spanish government approved two new decrees to address the housing crisis after previous versions were rejected in Congress due to a lack of

Among the new features is a €10 billion public financing line that will allow for interest-free loans.

On Tuesday, the Spanish government approved two new decrees to address the housing crisis after previous versions were rejected in Congress due to a lack of parliamentary support.

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President Pedro Sanchez explained that the new regulations maintain the essence of the initial proposals and incorporate additional measures to facilitate access to housing and strengthen tenant protections.

Among the new features is a €10 billion public financing line that will allow for interest-free loans of up to €50,000 for first-time homebuyers. The package also includes tax breaks for tenants, incentives for small landlords who rent at affordable prices, and new measures to limit rent increases.

Furthermore, the extension of certain rental contracts is extended to two years, and rules are established regarding their termination. The measures also include regulations on seasonal and room rentals, as well as restrictions on certain home purchases by large investment funds.

Tens of thousands protested across Spain after parliament rejected housing measures to ban evictions, freeze rents and regulate short-term rentals https://t.co/KrqaBzLJjv pic.twitter.com/12SfrpUbNL

— Reuters (@Reuters) October 3, 2026

Sanchez acknowledged that these initiatives will not solve the housing problem on their own, but advocated for more active intervention in the market and reiterated the commitment to increasing the construction of public and affordable housing.

The approval of the decrees comes after the snap general election was called for November 29, a decision made following the government’s parliamentary defeat on housing issues. Sanchez argued that the Parliament needs to be composed of a larger progressive majority.

However, he assured that the Executive “will continue to govern” and respond to the problems of the people, and although the regulations come into effect upon publication, they must be ratified by the Standing Committee of Congress, as Parliament is currently dissolved due to the election.

Spanish Prime Minister Pedro Sanchez announced the approval of two new Royal Decree-Laws aimed at expanding housing protection and social access. Following recent legislative challenges, the cabinet reinstated key measures designed to directly benefit everyday citizens and… pic.twitter.com/WdNISp7Wd0

— teleSUR English (@telesurenglish) October 6, 2026

Source: EFE

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