Spain is latest battleground for global affordable housing
Spain's Socialist government | June 21, 2019
THE effort by Spain's Socialist government to control apartment rents in one of the developed world's more buoyant real estate markets is off to a rocky start. In May, two months after imposing a battery of rent-suppression measures for new leases, rents rose at a 7.5 per cent annual pace, according to property website Idealista.com, which supplies data to Spain's central bank. That was an acceleration from 6.6 per cent in March when the measures were enacted.