The problems of finding one housing for rent in Spain and its high prices are increasingly debated, and many experts suggest that it is due to the lack of supply driving up prices. But what is the reason for the shortage of rental housing? This former landlord is clear, and it is the lack of legal protection for the landlord.
This is what Ángel Leandro Pérez expressed it in a video published through his social networks in which he summarizes the problem: “Defend the person who puts the apartment for rent before the law and you will see how you have a lot of apartments for rent, a lot of supply and the prices will drop.”
In his speech, this former landlord explains that, although many potential tenants meet all the usual requirements, that is, having a stable employment contract, payroll, NIE in order and a deposit, there is a greater concern among private owners: legal uncertainty. “It is not a question of the tenant’s profile. The problem is the legal defenselessness felt by those who rent their home,” he says.
He ended up selling his rented homes to avoid problems
This former owner, who managed up to three rental apartments, details how, after ending the contracts, he chose to sell the properties instead of renting them again. “I am not a large company or an investment fund. Getting a flat cost me years of effort and I am not willing to risk losing it,” he says.
According to his testimony, this phenomenon is spreading among small owners, who prefer to get rid of their homes rather than face possible non-payments, destruction or long legal processes. “You take it, you sell it, because now the sale is there. This is the problem that is being created,” he maintains.
The result, he warns, is a drastic reduction in the supply of apartments for rent, which contributes to the increase in prices. For this reason, it insists on its central message: “If the landlord were legally protected, there would be many more homes available for rent and prices would drop due to simple market logic.”