Home: in these cases, the vat to bear is 4%, instead of 10%, and tax corresponding to documented legal acts, which normally ranges between 0.5% and 1.5%. Tax benefits after buying a second-hand home: in these cases, the tax for documented legal acts is assumed by the bank from which the mortgage is requested. And the property transfer tax also has some reductions, but these already depend on the requirements that each autonomous community establishes. Are these aids for the purchase of homes really effective? This plan entered into e commerce photo editing service force on january 1, 2018 and according to the data provided by the ine in relation to the sale of homes carried out from 2018 to august 2021, it seems that the state aid plan has not been very relevant.
As evidenced by the data, this housing aid plan is not enough by itself to solve the problem. Perhaps if another plan were issued in parallel based on an improvement in remuneration conditions and flexibility in terms of the requirements of banking entities, not only focused on young people, but in general, we could alleviate this social problem. When spain achieves that there is no brain drain and that our young people prefer to stay and live and carry out their jobs instead of being forced to migrate to other nations where their value is more recognized economically speaking, we will be able to turn around our national productive system .
At that time, the population will rejuvenate itself again, contributing to move the national economy through consumption and raising the state coffers through collections and contributions. Second real estate boom? Despite the data set out above, the news we have recently received and the increase in cranes in our urban landscapes predict that we are approaching a new real estate boom. The latest available data from the housing price index corresponding to the second quarter of