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On March 31, Royal Decree 11/2020 comes into force with measures to be taken by tenants who have been affected by quarantine. The Spanish government has approved new measures to help people who have to pay rent for accommodation. The decree was published on March 31 at the BOE). Unemployed, employees within the ERTE, with…
Should I expect a rent moratorium? The new Royal Decree 11/2020 came into effect on April 1, 2020. On this law, the government hopes to mitigate the economic consequences of the quarantine. The decree is designed to cover the maximum number of people interested in receiving aid. What changes are coming in the area…
Many private companies, such as real estate investment funds and banks, have announced various initiatives to help tenants affected by the crisis. They offer various options: suspension of payments and distribution for several months or even a complete cancel rent payment. Large state-owned companies have also joined such lease moratoria. At that time, the government…
Economists view on a pandemic. Part 2 Many people think that this will be the greatest crisis in our memory. But it is true to think that this is not an economic crisis, but a crisis of the health system. There is no reason for an economic crisis! We are deliberately introducing the economy…