Support for homeownership will be reduced over the next two years

July 30, 2010 at 3:43 pm Leave a comment

The Spanish ministry of housing has announced that the government will abolish the support for the acquisition of protected houses in order to boost house renting. Also, the rehabilitation of these houses will be postponed until 2012. These measures will allow a reduction of the public deficit. Beatriz Corredor, the ministry, stated that “if we have to spend less, we’ll have to prioritize our expenses”.

Corredor today met with the directors of the branch of the Autonomous Communities within the framework of the Sectoral Conference on Housing. Autonomic representatives do not see the cuts, which are mostly carried out in stages until 2012, with good eyes and have called for a bilateral study. The real estate agencies are not thrilled about this news as well.

Source: El Pais

Photo: El Mundo

Advertisements

Entry filed under: Everyday things, News, Real estate. Tags: , , , , , , , , .

The calendar of Spanish fiesta Today’s featured resort: Torremolinos

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Like us on Facebook!

Share this page on Tuenti

Kinos Group

@kinosgroup

Kinos Group on LinkedIn

International Property Listings

Videos of our properties


%d bloggers like this: