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ON THE LAW OF THE LAND

Correos de la Vega

Land Law is there. Will it serve for cheaper housing? "It will control real estate speculation? "Provide access to the most humble to the free housing? Here we offer the comment of Juan Manuel Lopez and some notes that came in the country on this law.

COMMENT ON DRAFT OF LAW OF THE LAND

Juan Manuel López Huertas Association and Save la Vega

The importance of law is weak. First because it is the seventh reform that takes place since 1992. But mostly because the powers on land use, urban planning and housing are transferred to the Autonomous Communities (art. 148.3 of the Constitution and art. 13.8 of the Statute of Andalusia).

The most important point of the draft is the assessment of rural land expropriation purposes, which is made according to the annual rent (real or potential capitalization) that produces this field. Therefore it excludes the value of these lands expectations 'urban' of the soil or other proven value of nearby land and the like. In theory this type of assessment would involve removing the speculative profits of the owners of rural property (income is very low and rustic owner and does not charge for speculative expectations). Therefore it would lower the real estate. In practice I am afraid that speculative profit will be transferred to municipalities and contractors. Because even twenty-five percent of the land should be allocated to subsidized housing, such are the exceptions to this principle end up being the exception. ;

As concerns the use of the valley (rural land) the law refers to the specific rules on environment, archaeological, cultural, etc that regulate forest

Ultimately the three instances speculative land (owner, city council and constructor) tries to delete the first. The remaining two are referred to a future zoning laws or future amendment of local government.

recall some notes culled from The Country 7/23/1906 and sent on the law of the land in today Landowners -2 -

The law seeks to control soil speculation

While the price of housing has risen by 135% between 1998 and 2005, urban land has increased fivefold, according to the Bank of Spain curb abuses and escalating urban prices housing are precisely the two main objectives of the future Land Law. The rule sets a minimum reserve of 25% of residential land for housing protected and sets a new ratings system based on the real situation of the land, not expectations, to encourage not reclassifications or speculative grade or withholding ground, among other measures.

Speculators want the freedom of the fox in the henhouse

promoters predict will perverse effects such as rising floors. Developers Builders Association of Spain (APCE) warns of further rise in the price of housing-4% and 6% in large cities as a direct consequence of the law assert that the new rural land valuation, by undermining the gains generated by the re-zoning, dynamite also guarantees that until now required the banks to finance housing construction, which would tighten lending conditions. Prices also accelerate the increase in the transfer of land councils, up to 15%. Total, defending the speculation to continue hubs.