The reform will allow municipalities in high-demand areas to restrict home purchases by individuals who do not intend to live in them. Small landlords will be permitted to buy up to four properties in their home town if they adhere to rent caps, while large corporate owners will face stricter limitations, only being allowed to purchase entire buildings for residential rental purposes.
“"The Government is totally subservient to the Comuns, who only have six deputies but dictate the country's policies. They intend to export the Colau model from Barcelona to the whole country."
The real estate sector, including the Barcelona Urban Property Chamber, has criticized the move as populist and warned of potential legal challenges. Meanwhile, the Cercle d'Economia expressed concerns that these restrictions might worsen the housing shortage by discouraging investment in the region's property market.
