6 August 2019
After the regulation requiring new developers to reserve 30% of the flats in new developments above the size of 600 square meters for subsidised housing, the number of applications for building licenses for those projects fell by 72% year-on-year in Barcelona, from 234 to just 64.
When the government announced plans for the new measure, the Catalonian Association of Developers recommended that its members bring forward the submission of any potentially affected projects, likely aggravating the fall.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner