The Housing Act And The Repeal Of The Capital Gains Tax, Recent Changes In The Housing Sector

MADRID, SPAIN - OCTOBER 27: A general view of cranes in a building construction zone, on 27 October, 2021 in Madrid, Spain. The housing sector is in the spotlight because it is undergoing numerous changes in a very short time. One of them is the Government's proposal of the Housing Law, which aims to configure housing as the fifth pillar of the Welfare State and as a tool to fight inequality, marginality and exclusion through a series of changes such as the control of housing rental prices by the communities and the approval of a tax surcharge for empty flats. On the other hand, the Constitutional Court has definitively annulled the municipal capital gains tax charged by local councils on the sale of homes, an important source of funding for local councils throughout Spain. (Photo By Alberto Ortega/Europa Press via Getty Images)