“The government confuses administration with propaganda.”

Various political parties also made this problem a central focus of their programs. By the government in 2023 Approved the housing law Which introduced concepts such as stressed areas, the possibility of setting a ceiling on rental prices in them or creating a new benchmark index different from the consumer price index. Measures such as Initial Coin Offering (ICO) loans have also been approved to increase financing possibilities when purchasing a home among young people.

However, these measures did not solve the problem. In this sense, the economic Daniel Lacalle He posted a video on his TikTok account in which he strongly criticized the measures derived from the housing law.

Economist Daniel Lacalle is strict against the housing law

The economist confirms that the government “It does not solve the problem, but rather makes it worse.” The policies implemented aim to “create affiliate customers.” Lacalle believes that “the most interventionist governments stifle supply and deprive their owners of protection in order to create dependent citizens and present themselves as a solution to the problems created by the government itself.” Thus he concludes that the law is “counterproductive” because “Supply has collapsed and prices have risen.”.

According to Daniel Lacalle, prices have risen by 24% since the law was passed, supply has decreased and housing prices have doubled. “Much higher than salaries”. Furthermore, he highlights, “there are not enough homes that people want to live in, construction is a roadblock, and legal uncertainty is stalling supply and investment,” adding to this are population increases. “We’re talking about An absolute bottleneck problem due to legal uncertaintyTotally wrong intervention and organization.

Regarding the price controls implemented by administrations in some stressed areas, the expert points to some cities where these measures have failed: “The result in any city where this intervention was applied was very clear: disaster and less access to housing.” “The Ministry of Housing has transformed housing policy In an advertising factory, standards, housing code are meaningless Now they have set up a tourist housing observatory,” he says in the video. He also criticizes ICO guarantees or rent bonuses for young people because they “hide a growing problem.”

In short, says economist Daniel Lacalle, “The goal is not affordable housing, but… Controlling and eroding the right to private property and using continuous attacks on the owner And corporations as an ideological weapon” and highlights that the solution to the problem is “to restore legal security.”

Lacalle states that “the government is confusing management with propaganda,” and points out that “the ministry itself has not yet proven through independent evaluations that its controls, bonuses and guarantees have done anything to increase net rents and housing supply in key areas.”