Housing2030

Rent Price Regulation Act – taking local action on prices

Barcelona Better Finance, Rent setting, indexation and regulation

Description

In 2020, the City of Barcelona introduced a new rent-setting system based on the concept of a reference rent. Rents of contracts entered into after 1995 must be lowered if they are above the reference rent level. The new law also covers non-rent service charges but does not cover dwellings built in the last three years, or social housing.

There are fines for non-compliance, ranging from EUR 3,000 to EUR 90,000 depending on the seriousness of the offence. The new law applies to 61 municipalities in Barcelona.[1]

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[1] For a practical guide to the Rental Price Regulation Law, see https://habitatge.barcelona/en/noticia/everything-you-need-to-know-about-the-rental-price-regulation-law_1037623.

Actors involved

Scale

regional http://agenciahabitatge.gencat.cat/wps/portal/serveis/busques%20pis%20o%20local/index-preus-de-lloguer/!ut/p/z1/pZFPT4NAEMW_Ch44bmbtLrAciTXYpkVjY4W9mF1YYA3lP7V-e1fjyYhN49wmM_nNe2-AQwy8FkddiFE3tahMn3D3hT344R2jiw1-XFMcOKtluGKUYEzh-dwCN2M8UwGGPXDgaT22YwmJKNNU2PhNSRsPqj8qPdhYTkM3qcFq9WA1VtWkorKxrjN1Qm2vpgFlClVVU0yq_2S1qc4gcVLKHEd5yMuEi-hC5siXfoZ8x8mIcqWixDPa-Tl5ibHnzdoLr2F34c0fQLZfGuCGkd1thAm-pxcD118W_niAeaF-7ToemJybelSnEeJ_B22gi357sy2MVjGWSNd5A_E3CuJfUBDPoNrD04ERN48iJCR7J1URXH0ArAhc4Q!!/dz/d5/L2dBISEvZ0FBIS9nQSEh/