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Sánchez Portero (UMU) participated in a debate on housing and youth organized by IU (26/03/2009)

The professor of the Faculty of Economics, University of Murcia (UMU) Francisco Sánchez Portero Israel participated yesterday with the coordinator of IU in Molina de Segura, Chema Moreno, in a speech on housing and youth as part of series of debates organized by such training.

Portero Sanchez blamed the increase in housing prices causes the number of buyers and their expectations as well as other psychological reasons, among which are those induced to consider this rather as an element of speculation.

In this situation, the teacher of the UMU highlighted the role of government as organizations that "have had little initiative, since many of its revenue came from real estate, which, in their opinion, particularly damaging to young people with limited resources.

Also called "ineffective" the current system of subsidized housing (VPO) and advocated a system of public housing rent in accordance with the income from the current, "resulting in the VPO runs on the open market being subject of speculation, "he said.

Source: IU de Molina de Segura

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