Apartments

Spain’s Rental Market Contracts as New Laws Deter Property Owners, With 300,000 Fewer Apartments Available

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Madrid, Spain — A significant decline in Spain’s rental housing availability is raising concerns among experts and policymakers. The latest data reveals a decrease in the number of properties being offered for rent, with a drop of nearly 300,000 homes since the peak of the Covid pandemic and 96,512 fewer properties than in the previous year alone. This 11% reduction reflects broader trends linked to recent legislative changes and economic pressures that are reshaping the country’s housing market. According to data collected by the Housing Observatory—a collaboration between the Safe Rental Foundation and Rey Juan … Read more

Elk Grove City Council Poised to Decide Fate of Controversial Oak Rose Apartments; Could Mark New Chapter for Low-Income Housing

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ELK GROVE, Calif. – The City of Elk Grove is poised to make a crucial decision this week regarding the Oak Rose apartments. This affordable housing project, consisting of 67 units, has been at the center of controversy after the state’s attorney general accused the city of violating state law by rejecting the project. The Elk Grove officials are now urging the City Council to reconsider their previous rejection and approve the development, which would serve as the city’s first permanent housing option for low-income families transitioning out of homelessness. The dispute over the Oak … Read more