Sánchez pledges new taxes on empty homes, tourist rentals if re-elected

Spanish PM Pedro Sánchez announced a pledge to introduce new taxes targeting investment funds and large property owners who keep homes vacant, use them for tourist rentals, or set unaffordable rents, if he wins the 29-N election. This is a campaign promise, not yet policy, and its feasibility and impact on housing markets remain uncertain. The proposal signals a potential shift in housing policy that could affect real estate investment dynamics in Spain.

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