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More Madrid asks for “Hard hand against the speculators” of the home

Manuela Bergerot, spokesman for extra Madrid on the Madrid Assembly, has requested for “Hard Hand against the speculators” of the home. “The houses are to live, not to do business,” he stated throughout his speech within the debate of the state of the area.

“While some millionaires buy our homes as if they buy bitcoins, here there are a majority of Madrid who needs a house to live. The rent market in Madrid is a gigantic bubble because there are no rules to put limits to profit, the affordable rental does not exist, the social housing is stagnant since you arrived in the government,” he says.

Bergerot accuses the regional government of not wanting to control costs and intervene vacationer rental. “Who is looking for a house to live competes in unequal conditions with vulture funds and millionaires buying houses of 10 in 10,” he says.

More Madrid declares that it’s going to suggest a regulatory change within the Patrimonial Transmissions Tax to be progressive, with a 2% kind to purchase a primary residence and 20% for corporations and enormous holders.