Editorial: El Mundo

• The Bank of Spain could limit access to mortgages if it detects a risk of widespread defaults, even though there is no current real estate bubble.
• The measure to restrict access to credit must be very precise and safe.
• The most affected people would be the young and disadvantaged classes, who already have difficulties accessing housing.
• It is necessary to offer alternatives to buyers before making it harder to access mortgages.
• The housing crisis will not be solved by intervening in credit, but by increasing the supply of sale and rental properties.
• The failed Housing Law has further restricted the available properties.

Conclusion: It is the responsibility of public powers to reverse this lack of housing supply situation and avoid measures that limit access to credit without offering viable alternatives.

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