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Will Pedro Sánchez's housing initiative face legal challenges by the end of 2024?
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Resolution / Starting Odds
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Sánchez Announces Creation of 'Gran Empresa Pública de Vivienda' at 41st Congress of PSOE to Address Affordable Housing Needs
Dec 1, 2024, 12:37 PM
Pedro Sánchez, the Prime Minister of Spain, announced the creation of a 'gran empresa pública de vivienda' during the closure of the 41st Congress of the PSOE. This new public company is intended to construct and manage housing, addressing the need for affordable housing in the country. Sánchez emphasized that this initiative is part of the government's broader strategy to counteract criticisms from the right and far-right political factions regarding housing policies. The announcement comes amid ongoing debates about the housing market, with Sánchez asserting that housing is a fundamental need rather than a mere commodity. The new company aims to provide a solution to the challenges faced in the housing sector, particularly in promoting affordable rental options.
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