A parliamentary majority in Spain has voted down two housing decrees put forward by the ruling coalition of PSOE and Sumar. The proposals, designed to introduce new measures to regulate the housing market, failed to secure sufficient support in Congress. The vote underlines the deep political divisions in Spain over how to tackle the ongoing housing crisis. For international buyers on the Costa Blanca, little changes in the short term, as existing legislation remains in place. Nevertheless, it is worth keeping an eye on these political developments, as future housing policy shifts could have longer-term implications for the Spanish property market.

Source: idealista/news

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