The paralysis of urban developments
The Popular Parliamentary Group has presented in Congress a proposal to put an end to the total paralysis of urban developments. A situation that will affect the price of housing.
"We are in an upward market due to the shortage of supply and the development of subsidized housing is at a minimum", says Pablo Presa, Director of Research and Evaluations of Real Estate.
From his point of view, the paralysis of urban developments in Madrid is causing an important rise in prices. That, in addition, affects buyers with less income, especially young people.
Exhausted urban developments
Do not forget that the southeast is one of the areas with the most demand for the purchase of housing in Madrid. To this it is added that the Ensanche de Vallecas is practically exhausted. Meanwhile, areas such as Valdecarros, Ahijones or Berrocales are stopped.
In the case of Madrid, the current offer focuses practically on El Cañaveral. That, given the strong demand for affordable housing, its prices are increasing. In this development, at the beginning of 2016 the floor price finalist for free housing was around the 400 euros per square meter, currently does not come down from the 700 euros. This is an increase of around 70%. This situation affects the final cost of housing. A clear example, in July of 2015 the average price of the free housing was around the 1.250 euros per square meter built. Now it exceeds the 2.000 euros.
ACCESS THE FULL NEWS IN IDEALISTANEWS
If you are looking for housing, look at the offer on our website foroprovivienda.com
