⭕️ What is happening with HOUSING in Spain ‼️ - THE GOSSIP BANKER - World Latest Movie, Series, Videos and Trailers | fetery.com

⭕️ What is happening with HOUSING in Spain ‼️

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THE GOSSIP BANKER

Published on Oct 13, 2024

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⭕️ Did you know that the VAT for the purchase of a home was 7% in 2007 ‼️ ???? It rose to 8% in 2010 and to 10% in 2012. The ITP varies depending on the community from 4 to 10% ‼️ Thousands of families spend years of savings just to pay #taxes, not to mention gift and inheritance tax, IBI, garbage, capital gains tax when you are already an #owner. That #realestateinvestment be taxed, by productive activity, holders of second homes, #touristrentals as until now... perfect. According to Art. 47 of our constitution, all Spaniards have the right to access decent #housing, there is no need to give it away, but for the moment Daddy State is not complying and expects citizens to do so. With salaries versus housing prices completely distorted, it wouldn't be a bad idea to lower taxes for all those who buy that first home as their habitual residence. No matter how high your debt ratio and good salary are, if you don't have savings to cover the down payment and the expenses derived from the purchase of the #house, it's useless to you and you won't get the #mortgage. Although the underlying problem is that there's simply no money to buy or rent #properties. If 2024 seemed crazy to us, wait until 2025. Many thanks to the Espejo Público team at @Antena3 for giving voice to the very serious crisis we have with housing.

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