And if we start by removing taxes on housing?

This week we have experienced a top-tier political circus. Like that student who does the assignment on the last day, after having had three months to prepare it, and complains because they failed. Well, the Spanish government has only had eight years.

One of the causes of the rental problem is the impossibility of accessing home ownership, and not that of requesting a mortgage. A 20% down payment, 12.5% in taxes, notaries, real estate agency... This is the real brake on housing. Who has 100,000 euros saved to cover the down payment and the expenses of an apartment?

For every home purchase, around 11.5% is paid in taxes between VAT or ITP and AJD. The Spanish government's offer was a loan that you would start paying in 30 years and at a zero interest rate. If we analyze it coldly, a 30-year debt is absolutely favorable for the buyer: in 30 years, we hope to be earning more than now and, therefore, the repayment will be quite simple. However, what does the fine print tell us? That this apartment will have to be sold in 30 years at its current value. The same applies to the ICF for Emancipation Loans.

And now I ask you a question. An apartment that is worth 300,000 euros today, 30 years ago was probably worth about 50,000. Does anyone think it is okay to sell it today for 50,000 euros? Or will we say that this is not its market price? That is what the Spanish government was proposing with the initial loan to buy a house.

And then, why don't we make it simpler? Why don't we subsidize the ITP, VAT, and AJD for the purchase of, at least, the first home? I'm not saying that someone who already owns five apartments shouldn't pay taxes. In fact, we could raise their taxes to compensate for the reduction for those buying their first home. Conversely, we give you a loan and you still pay the taxes anyway.

I suppose we are very social until it comes time to reduce the taxes that the State collects.