MOVING: ARE THEY GOING TO INCREASE IN 2018? HOW WILL PRICES REACT?

Removals: Will they increase in 2018 and how will prices react?

27/02/2018

All indications are that there is going to be a increase in removals soon, given the the Spanish government's action planThe data presented at the congress held on 23 February for the presentation of the portal preciosdevivienda.esThe real estate market is being considerably boosted by the implementation of a series of measures. In particular, the following will be of particular interest  promoting rental housing in order to reach European standards. In the words of Antonio AguilarIn order to encourage the number of homes to be rented, we are going to provide significant amounts of money so that developers can start up new rental developments," said the Director General of Architecture, Housing and Land of the Ministry of Public Works. This is the new State Housing Planwhich will be the cornerstone of the government real estate policy for this year, 2019, 2020 and 2021. Its approval, which is expected in the first half of March, will entail the launch of a new programme of aid for the development and rehabilitation of rental housing.

The portal preciosdevivienda.es constitutes a summary of house price reports and statistics published by the entities participating in the portal: Catastro Inmobiliario, Consejo General del Notariado, Euroval, Fotocasa, Idealista, INE, Ministerio de Fomento, Pisos.com, Registradores de España, ST Sociedad de Tasación and Tinsa.. Thus, with the aim of bringing together the statistical tools currently in place to provide reliable data from which conclusions can be drawn in a transparent and clear manner, the portal will help to understand the methodologies of the different studies on house prices published in Spain.

At  GIL STAUFFERWe, who enthusiastically attended the presentation of the aforementioned portal and the explanation of the encouraging immediate future, trust that the measures proposed will be to the benefit of all the agents involved in the real estate market, as it is undoubtedly one of the fundamental pillars of the health of the economy of the European Union. Spain. Moreover, given this prospect of interest in the dynamisation of the Spanish real estate market, it is to be expected that removal companies have a corresponding share of the market resulting from the beneficial promotions in the housing sectorHowever, it is to be hoped that government measures do not conflict with those adopted by other institutions such as municipalities, etc., since, for example, the City Council of Madrid approved a rise of the removal rate on 28 December last year, already christened as the "rate"which generates an increase in the cost of the service. higher than 800% 49 euros per vehicle, to which a new amount of 378 euros must now be added. So Will consumers understand this measure and its logical increase in the price of removals in Madrid or will they opt for pirate companies encouraging the black market of such services that are much cheaper thanks to their illegality?

So what is going to happen with removals: are they going to increase in 2018? How will prices react? Time will tell.

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