Spain approves a plan to ease its housing crisis
Lucian Nemoiu
MADRD (AP) — Spain’s government on Tuesday approved a sweeping plan to alleviate the country’s housing problem , one of Prime Minister Pedro Sánchez ’s main political vulnerabilities ahead of elections next year. Rising rental and housing costs are pricing many Spaniards out of the market, despite a recent economic boom. Incomes have failed to keep up. Analysts say tourism and population growth in cities driven by immigration have further strained supply. The new plan, worth 7 billion euros ($8.
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