Housing
NYC housing ballot measures split officials and advocates as mayoral race tightens
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Voters next week will decide five New York City charter amendments — three aimed at speeding the creation of affordable housing — while leaders and organizers diverge over how far to go. At the same time, Democrat Zohran Mamdani holds an edge over independent Andrew Cuomo, though a new poll shows a narrower gap.
Infonavit announces special measures for Veracruz flood victims
The National Workers' Housing Fund Institute (Infonavit) will implement extraordinary supports for 16,106 beneficiaries affected by floods in Veracruz. These measures include payment deferrals and additional aid, following instructions from the president of the Republic. Director General Octavio Romero Oropeza expressed solidarity with victims in the northern part of the state.
Government Converts Tourist Rentals
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On September 14, the Spanish government announced the withdrawal of 53,000 tourist apartments to convert them into permanent rentals for young people. This measure aims to address housing shortages in urban areas.
MaPrimeRénov' resumes but with a reduced budget
The home energy renovation aid program MaPrimeRénov' resumes on October 1, 2025, after a suspension due to budget overrun. However, its funding is sharply cut, from 3 to 1.5 billion euros for 2025. This decision draws criticism from environmental groups.
Housing prices grow faster than incomes in Spain's richest municipalities
In Spain's richest municipalities, housing prices have risen up to 30% more than incomes over the past year, according to data from the Tax Agency and Idealista. This gap worsens perceptions of inequality, with over half the population feeling social mobility is broken. An Oxfam Intermón survey identifies housing as the main source of inequality in the country.