spainrico

I understand the dramatic decline in availability and consequential increase in rents means that something needs to be done to ease the situation and improve the rental market for tenants -

https://euroweeklynews.com/2024/01/0...h-housing-law/

But I do not see how this helps the average landlord such as myself and all I can see is paying higher tax on the rental income - what do other landlords think?

spainrico

Thought we had some landlords on here....

Another report I saw added the word 'new' so maybe the 50% reduction is only for new contracts...

https://www.idealista.com/en/news/pr...all+homeowners

snikpoh

I am a landlord of multiple properties.

Having read the article twice now, I am still none the wiser - and I thought I was at least average intelligence.

I will try again

spainrico

I have to say I have read it more than once!!

I think they are trying to create more availability at better prices to the tenant - which is admirable but very convoluted and will it have any effect?

To me the solution would be to create more supply by reducing the amount of holiday lets - which I think is starting to happen IMO there is now an oversupply so perhaps landlords will switch back to taking long-term tenants but might be put off by all the controls on rental increases - it is a complex situation.