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ciTown : the case of Barcelona

ciTown : the case of Barcelona. Maite Arrondo Maitearrondo@Gmail.com. MUNICIPALITY 1,7 M / METROPOLITAN AREA + 3M GDP 70.000 M€/ 9% UNEMPLOYMENT. Main residences 695.353 ↑ Deep economic vulnerable households 26.764 ↑ Affordable housing demand 81.262 Evictions 2.500

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ciTown : the case of Barcelona

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  1. ciTown : the case of Barcelona Maite Arrondo Maitearrondo@Gmail.com

  2. MUNICIPALITY 1,7 M / METROPOLITAN AREA + 3M GDP 70.000 M€/ 9% UNEMPLOYMENT • Main residences 695.353 ↑ • Deep economic vulnerable households 26.764 ↑ • Affordable housing demand 81.262 • Evictions 2.500 • Homeless 956 rough sleepers (+ 2.130 in public and private facilities)

  3. Limited housing stock

  4. housing market

  5. Increase of Rental prices • In 2018 the average rental price per month reaches a new historical maximum. • Highest overburdenrate for tenants in Spain (EU-compared)

  6. new and second hand HOUSING SALE priceS 2013-2018

  7. WHO OWNS THE CITY?

  8. WHO IS BUYING?

  9. POLICY challenges • No competences ; • Legal framework of Residential Investment Trust (SOCIMIs) • Rental Law • Golden Visa

  10. CURRENT POLICIES

  11. Current debates • Rent regulation ( like Paris, Berlin, Lisbon or New York City) • Promoting the role of new actors to enter the affordable housing market • PPP- Housing Associations (South Europe) • Housing Cooperatives • Community Land Trusts? • Preferential Right to Buy from the private market • Inclusionary zoning Legal reserves of land for affordable housing already existed in greenfield, but the new policy will require that 30% of all new residential developments in single building operations (larger than 600m2 or 6 units, and including renovations, the most common operation in the City) are affordable. The City will have a preferential right of acquisition for the affordable 30% of the units.

  12. Thanks! Maitearrondo@gmail.com

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