The president of Casa 47 recognizes that it will take 5 years to see a significant impact on housing prices

The president of the new public housing company Casa 47, Leire Iglesias, believes that It will take at least five years for a major and important impact to be noticed on housing prices.and has stated that 100,000 units of the 183,000 announced by the Government have already been mobilized.

In an interview at Chain Beinghas assured that, if there was a magic solution, anyone would have solved the housing problem. “I don’t want to make promises because we are at parties and at Christmas, with wishes to the Three Wise Men, because this is not about illusion and magical wishes, this is about realities and the reality is that we are going to try to take advantage of the entire built stock and accelerate the provision of housing as much as possible“Iglesias explained.

With this new company, he added, a trend will be changing, creating a public service and trying to avoid housing problems in the future, Since every 10 years Spain experiences a housing crisis due to different factors, either due to overpricing or lack of supply or access problems.

In this sense, it has considered that many affordable homes will impact the price and that the affordable housing model is economically viable, although not for speculation, and socially profitable.

Regarding Casa 47, it has recognized that, although the next 13,000 Sareb homes that are going to be incorporated do not constitute a high figure, purchase offers have been launched to increase this state affordable housing park and invest in construction in those most stressed areas.

He has pointed out that Where there is more supply is where the real estate bubble affected the most and that the housing problem must be addressed not only through supply, but also with regulation and aid, while avoiding its speculative use and other market options.

Furthermore, he has assured that More than 100,000 homes have been mobilized affordable (under construction or already delivered) of the 183,000 it announced.