The government will
introduce a bill on
Thursday to stop rampant
property speculation
blamed for a series of
corruption scandals.
But the efforts to halt
speculation may come up
against opposition from
regional governments, may
of which want to
strengthen their own
powers over urban
development. The
draft Land Law will face
dozens of amendments from
small regional parties,
reported the Spanish daily
El Pais. But the
government wants 'radical
change' to stop the
seemingly endless
construction of golf
courses and holiday
complexes.
These developments, which
have been to a large
extent the motor behind
Spain's eight year
building boom, have often
been exploited by
unscrupulous promoters and
corrupt politicians.
Supporters of the bill
claim they have also
failed to respect
environmental concerns and
helped raise the price of
homes beyond what many
Spaniards can afford.
The new bill would
introduce national limits
on how much land can be
reclassified for
construction by local
authorities. A part
of this would stop
projects which would
increase a town's
population by more than 20
percent. And 25
percent of each new
housing development would
have to be social or
subsidized housing or
rental properties.
Nationalist politicians
are expected to oppose
these moves, claiming they
infringe their own local
powers.