The Minister of Social Rights, Consumer Affairs and Agenda 2030, Pablo Bustinduy, assured this Tuesday that the effects of the extraordinary extension of rental contracts "are already noticeable" after just over a week in force, while he lashed out against the "campaign of fear" and the "barrage of hoaxes" that, in his opinion, have been promoted by "the defenders of real estate lobbies and speculation" against this measure.
Through a publication on his Bluesky profile, Bustinduy has explained that there are already "thousands" of tenant people who have submitted the application to avail themselves of this extension, recently approved by the Council of Ministers, and has denounced that "real estate lobbies have mounted a campaign to instill fear" around the extension of rental contracts.
In a video disseminated on the same social network, the head of Social Rights has set out to dismantle the "lies", "excuses" and "hoaxes" that, he maintains, have been spread about the initiative.
In this regard, it has rejected that the rental market in Spain is going to collapse due to the increase in applications and has defended that the measure, precisely, will provide "stability" both to the supply and to the level of rental prices.
"Every time an advance in rights is proposed, there is always someone who threatens with the apocalypse. With the extension, we give stability to the supply and price of rent, and we prevent many of those homes from ending up as tourist flats or expelling residents from their neighborhoods," he/she has stressed.
The minister has also denied that the extension entails an unfair burden for landlords, by remarking that it will not be them who will "pay" for it: "No one loses" and landlords will continue to receive rents, although with a maximum limit of 2% on the CPI update, he specified.
At the same time, he has ruled out that the measure will cause a collapse in the courts. He recalled that his department sent this Monday a letter to 13 real estate companies and investment funds that manage more than 100,000 homes in Spain, informing them that they are obliged to extend rental contracts that expire between March 22, 2026 and December 31, 2027, provided that the tenants request it.
"The extension is in force with all guarantees and is mandatory from the moment the tenant requests it," he/she/it remarked, before insisting that the Executive is going to "protect" tenants.