Portal de Totana

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PSOE: "The State Housing Plan in the Region to build more than 12,700 homes officially protected until 2012" (26/05/2009)

The socialist group of Totana reports that "the Minister of Housing and Community President sign the agreement next week that will allow an unprecedented investment from the government of Spain in housing in the region"

The Socialists say that "the plan, which comprises the 1st of June in Madrid, provides 37,480 18,000 actions against the former.

At 12,700 new homes are attached to aid 5,000 tenants, 1,200 for the purchase of used housing, rehabilitation 17,540 and 1,000 on the ground. "

It also states that "the government of José Luis Rodríguez Zapatero is making a big bet on social housing and construction sector.

Of the 3,300 million euros to be invested in 2002-2004, moved to the 6,800 million euros in the period 2004-2008 and will be invested over 10,000 million euros in the period 2009-2012. "

Also reported that "alongside the Housing Ministry has negotiated with the bank to endorse the 50% of loans to buyers of housing.

This measure aims to address the reluctance of financial institutions to provide loans for home purchase, and thereby unlock the release of thousands of public housing without funding. "

Totana Socialists claim that "the Zapatero government's commitment to social housing is demonstrated by the data, while in 2004 only 8% of homes built in Spain were officially protected in 2008 this figure rose to 25%. "

On the other hand reported that "the government will propose for approval by the abolition of mortgage tax relief for high earners from 2011.

While the President announced that will be in excess of 24,000 euros, taking into account that more than 60% of revenues are below this figure, the amount depends on the process of parliamentary procedure.

This measure will affect only mortgages purchased after 2011 and be respected relief for mortgages previously purchased. "

Finally positively evaluate these measures as "them the Government aims to boost output current housing stock, deduct only the lower income and end the housing bubble, and unwarranted speculation in housing prices, as is shown tax relief for home ownership has contributed to the disproportionate increase in housing prices and has led only to higher incomes. "

Source: PSOE Totana

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