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Colau backs rent controls, tax rises for Spain’s wealthy

Colau backs rent controls, tax rises for Spain’s wealthy RUSSPAIN.com © russpain.com
Colau backs rent controls, tax rises for Spain’s wealthy © russpain.com
Ada Colau called for action against large property investors and higher taxes on major fortunes during an interview on La Revuelta. She also criticised the PSOE over delays to rent controls.

In an interview on La Revuelta, Ada Colau said 13 investment funds hold 100,000 homes in Spain and argued that the state should expropriate properties held by large-scale speculators. She presented the figure as her estimate, distinguishing those investors from small landlords, whom she said should receive support.

Colau argued that rent intervention could stabilise contracts and bring prices down if there were sufficient political will. She also criticised the PSOE for taking four or five years to act on a commitment made in 2019 to limit rents. The interview did not establish that a new measure had been adopted.

She described Spain’s Housing Law as a minimum standard and criticised autonomous communities that refuse to apply it. Spain’s Law 12/2023, of 24 May, on the right to housing, created a framework for declaring stressed residential-market areas. Under it, regional authorities can request rent-control measures subject to statutory conditions. The law does not impose a nationwide rent freeze or automatically require every autonomous community to use the mechanism. Colau proposed a further law requiring regional governments to comply with housing protections. That remains a proposal, not a measure reported as in force.

Colau also called for higher taxes on large fortunes, saying the proceeds could support public services, including education and healthcare, as well as pensions and social protection. She argued that some small businesses pay more tax than banks reporting million-euro profits. Citing her figures, she said 33,000 millionaires live in Spain and called for their taxes to rise substantially. Spain’s tax system includes national and regional instruments with differing tax bases, exemptions and rates.

The appearance followed Santiago Abascal’s visit to the preceding episode of La Revuelta. Host David Broncano apologised for decisions made during that interview, saying he had changed the usual audience arrangements and had not prepared adequately for the exchange. Colau criticised Abascal’s comments on housing and climate change, as well as his remarks about migrants, describing them as misinformation and saying they should not go unanswered.

On immigration, Colau rejected claims that migrants receive more social assistance or are linked to higher crime, arguing that the data did not support those assertions. She described migrants as part of everyday life in Spain, including as neighbours and colleagues.

She also called climate change an immediate political issue, citing DANA storms in Spain alongside droughts and fires. Colau advocated moving away from fossil fuels and expanding renewable energy. She said that shift could cut emissions and create jobs.

On equality, she defended trans rights and policies for LGTBI people as human-rights measures. She said feminist policies mattered to women and to her sons, challenging the idea that masculinity should be defined by toughness. In discussing the Frente Amplio, she rejected the description of the project as an absolute failure, saying it had brought together fifteen organisations. She said she had been willing to change its name or put forward another candidate, while acknowledging that some groups chose not to join.

Richard Reid RUSSPAIN.com
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Richard Reid

Richard Reid is the News Editor at RUSSPAIN.COM. He oversees editorial standards, source review and corrections and writes across general news, including politics, economics and social affairs.