Casa 47

Casa 47 is a newly established state-owned housing company in Spain. It's newsworthy due to its recent launch of a €100 million public offering to purchase apartments from individuals and companies. The goal is to transfer these properties into public ownership, thereby increasing the supply of affordable rental housing. While the organization has received initial applications, currently only from private individuals, it is also targeting properties that investment funds may be considering selling. Casa 47's initiative is particularly relevant in the context of ongoing debates about housing affordability and government intervention in the housing market, especially as a separate housing decree focused on mitigating the impact of the war in Iran faces potential collapse due to insufficient parliamentary support.