Why doesn’t the Spanish Government better regulate the property rental market, thus freeing up hundreds of thousands of properties? One of the biggest eyesores are the swathes of holiday home properties 'boarded up' for most of the year. They could and should be rented to holiday-makers or the newly emerging mobile professionals for whom fixed homes are a no-no.
The laws are heavily in favour of tenants and biased against property owners. Because of it property owners are reluctant to make their properties available.
Why is the government dragging its feet on offering better protection to property owners? It is because a healthy rental market is in direct competition to the building industry, the mortgage industry; the banks and lending houses.
Clearly it is in the interests of many buyers to rent rather than buy; equally clearly it is not in the interests of the banks. With more socially responsible legislation the only losers will be the banks and lending houses. The rental market undermines it so paradoxically a system put in place to protect the vulnerable is being abused to protect the powerful



































Reply With Quote


