Rentals
Housing minister backs madrid mobilization as social security homes move to public rental stock
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Isabel Rodríguez said on friday that she understands and shares the demonstration called for sunday in madrid by the tenants union. The housing ministry announced that social security treasury homes will join the public stock through casa 47 and that sales and auctions will be canceled.
The Confederación de Sindicatos de Inquilinas called on Monday for the PSOE and the government to hold a vote on reforming the Ley de Arrendamientos Urbanos to regulate room and seasonal rentals.
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The multifamily market in the Metropolitan Region added 11 new buildings between December and May, bringing the total to 223 with 51,207 apartments. Occupancy rose to 95.1% while rental prices fell slightly.
Tesla has begun offering short-term rentals of its electric vehicles from select California stores to address slowing sales following the end of the federal EV tax credit. The program allows customers to rent models including the Model 3, Model Y, Model S, Model X, and Cybertruck for three to seven days starting at $60 per day. Renters receive perks like unlimited mileage and a purchase credit if they buy afterward.