The tension in the property market is one of the major issues facing the Islands. It is particularly pressing in cities like Las Palmas de Gran Canaria, where access to housing is becoming increasingly difficult and expensive due to high prices and limited availability.
A new agreement between the Provivienda association, the Department of Public Works, Housing and Mobility, and the Ministry of Housing has resulted in the acquisition of 48 houses to be allocated for affordable rentals for vulnerable families, 15 of which are already occupied. Additionally, the plan is in the process of purchasing another 28.