A Més per Menorca parliamentary motion on Tuesday requiring up to fifteen years residency before purchasing a home in the Balearics was never likely to prosper and it didn't. Proposed by Josep Castells, he argued that the "extremely high" demand for second homes from high-income foreigners is driving up prices, resulting in a housing shortage for families in the Balearics.
Castells insisted that the motion sought to prioritise residents in home sales and asked President Prohens if she agreed that residents should have priority.
The president replied: "The time has indeed come to think about housing for residents of the Balearics - families, young people, middle-income earners, and workers - after eight years of a left-wing government during which time more luxury homes were built and for more foreign buyers than ever before."
She expressed her support for "absolute priority being given to residents" in housing and highlighted government initiatives to address the housing emergency. One of these is the decree for strategic residential projects, requiring proof of residency of at least five years (in a given municipality) to access social housing or limited-price housing.
Prohens pointed out that this minimum five-year period period can be extended by town halls, giving the examples of Esporles and Calvia, where it is seven years, and in Sencelles, where it is ten years.
The Balearic Government, she noted, has the power to prioritise residents' access to public and affordable housing schemes. "But we can't tell families in the Balearics who to sell their homes to."
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There is one point which I don't understand the interest rate will and is going to go up so any developer´s are going to be hiding under the bed as $$$$$ is very expensive also building material´s etc and people to build these place´s is not going to be cheap so people if you want to do this please explain where the MONEY is going to come from it hasn't been there for the last 10 year´s so how is it going to be there Now . and this is going to get worse .
How about debating less and actually decide, action and BUILD affordable housing. I have only read about the difference who people are allowed to sell to and moaning about second properties. But nothing about a concensus agreeing how many affordable properties needs to be build as quickly as possible. Still just talk the talk.
Really more need´s to be mentioned and said about the Really Fantastic Job the previous Government did during there EIGHT YEAR´S in power and all the Luxury Home´s that were constructed during there time , Never do we hear anything about that just a constant beating of the Drum against the PP and the current Administration .