With that of deposits of guarantees, old and new contracts. How the new housing law affects you: everything you need to know Housing law: how it affects you "We have tried to do everything possible to make this index as reliable as possible," say ministry sources, who hope to have it available as soon as possible, so that when the autonomous communities request the declaration of a stressed area, that reference is already in place. The same sources emphasize that the measures are designed to contain prices and avoid speculation and increases above market levels. The objective is that this index could set a reference price that acts as a cap on rent increases in stressed areas. But only for companies or large owners (those with 5 floors or more in the stressed area). They could not raise the rent above the limit price set by the index.
Small owners will not be able to raise it either, but they will have to set it as a reference to the amount of the last contract in force for the home they want to rent. No flats for everyone? The great drama that will come in the next 5 years: "Hundreds of thousands of homes are missing" A demonstration for the right to housing held in Madrid in 2015. This limit price set by the Country Email List index for large owners is not a thrown-in figure , nor is it the price of an affordable rental home, but rather it constitutes the average market prices of rental homes that were already located in the area. stressed. " It is not that those owners have to lower their prices below the market price. What the index collects are the market prices that the landlords have transferred to the Tax Agency. Another thing is that they want to raise it by 30% or 40%. % above the market price, but we do not defend that," the Government clarifies. Being referenced to market prices, price control will not serve so much to lower rents, but to freeze them.
But, right now, none of this is contemplated. "This year's net profit is practically assured. The expected growth of the interest margin is so strong that, in order not to see a positive effect on the net profit for this reason, we would have to be considering a much more negative macroeconomic scenario than currently today it is being used as a base scenario," says the Renta 4 analyst. The time has come to pay off liabilities Banks are trying to gain time—and interest margin—before paying off liabilities. "The time has not yet come to remunerate deposits," said the CEO of Bankinter, María Dolores Dancausa, recently at the press conference on the results of the first quarter of the year. With rising interest rates, which are already close to 4%, taking "borrowed" money at 0% interest, banks are getting their raw materials for free , says Ricardo Zion, expert professor in Banking at EAE Business School.