This Thursday, the Council of Ministers is approving a new package of housing laws with measures aimed at stimulating the rental market and rationalizing and encouraging construction.
The meeting of the Council of Ministers on housing was announced in January by Prime Minister António Costa in an interview with RTP, with the government seeing affordable housing as one of the biggest challenges of today.
The details of the measures the Council of Ministers is approving this Thursday are not known as the prime minister signaled the package would include decisions to make more land available for housing, incentives for private builders and tax incentives for landlords. place homes on the rental market, in addition to supporting young people in rental housing.
According to Expresso, this council of ministers is due to announce a new permanent rent support mechanism that will aim to stop households from deteriorating in the event of a drop in income.
The weekly also reported that the government is preparing to abolish golden visas with plans to create incentives, namely tax incentives, for owners of homes that are in local housing and vacant housing.
Strengthening land for residential construction, and simplifying and streamlining the processes for issuing urban building permits — along the lines of environmental permitting — are other measures that should be part of this package.
According to the Portuguese Association of Developers and Investors (APPII), for each year of waiting for a license, the final price of a house increases by about 500 euros per square meter.
Another of the measures should include support for housing cooperatives.
Prior to this Council of Ministers, Housing Minister Marina Gonçalves met with industry associations to listen to their proposals.
This council of ministers comes one day after the Assembly of the Republic debated the PKP bill on protecting private housing, which was defeated by votes against PS and IL, abstentions from PSD and Chega, and positive votes from BE, PAN and Free. .
Among the diploma’s measures, the PCP suggested that raising interest rates should not have as its “first impact” the loss of people’s income, but should instead focus on “depressing banks’ profit margins”.
PCP also wanted the housing contracts to be renegotiated to limit the effort rate to 35%, extending the loan repayment period.
Author: Portuguese
Source: CM Jornal
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