Overview
- The executive decided on Monday to postpone bringing the 69‑page real decreto‑ley to the Council of Ministers because it cannot guarantee the parliamentary votes required to convalidate the measure.
- The draft bundles tenant protections and supply measures, including an extraordinary contract extension for leases that expire before 30 June 2028, stricter rules for temporary rentals, new eviction safeguards and incentives to expand affordable housing.
- It would use IRPF rules to reward landlords who hold or cut rents and apply a descending scale of tax relief for those who raise rents, while changing socimi taxation to favor portfolios with a high share of affordable homes.
- Key sticking points blocking agreement are fiscal bonifications for owners, proposed reforms to the Ley del Suelo that critics say could weaken owners’ reversal rights, and the scope and timing of the two‑year prórroga and temporary‑rental rules.
- Negotiations between PSOE, Sumar and smaller partners will continue over the summer with the aim of reopening the file in September and avoiding a repeat of the earlier decree's April defeat in Congress.