Tenerife Tenants' Union Criticizes Canary Government Housing Plan

The organization believes the initiative to mobilize vacant housing fails to address structural causes of the housing crisis and solidifies inflated prices.

Generic image of a hand holding a house key, with blurred apartment buildings in the background.
IA

Generic image of a hand holding a house key, with blurred apartment buildings in the background.

The Tenerife Tenants' Union has voiced its opposition to the Canary Islands Government's plan to create an affordable housing pool, arguing it fails to tackle underlying issues and perpetuates high rental prices.

The organization stated that the proposal by the regional government, promoted by Coalición Canaria and the Partido Popular, aims to mobilize vacant homes through owner incentives, but without introducing market regulation mechanisms.

"This policy does not imply a generalized reduction in rental prices as it does not introduce market regulation mechanisms and acts in a limited and voluntary manner on a portion of the housing stock."

a union spokesperson
According to the union, the measure relies on the voluntary inclusion of properties in the market in exchange for reductions of up to 30% on current prices. However, they believe this reference price is already “strained and rising,” which would result in rents that, even with reductions, would remain unaffordable for a large segment of the population.
The organization cited an 80-square-meter home in Tenerife, where current prices range from 950 to 1,200 euros per month. With the proposed reduction, rents would be between 660 and 840 euros, figures that “remain well above what broad segments of the population can afford.”
The union reiterated the need to implement structural measures such as the effective declaration of stressed areas to limit prices, the application of fiscal measures on vacant housing held by large owners, and the strengthening of the public housing stock.

"Access to housing cannot depend on incentives for private profitability, and a change of approach is necessary that prioritizes the right to housing above market logic."

a union spokesperson