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Sánchez able 'to convert' housing weakness 'into strenght', expert says

Javier Carbonell, an analyst at the European Policy Centre, says that while housing has been one of the “biggest policy failures” of Spanish Prime Minister Pedro Sánchez’s administration, the prime minister has been able to turn it into an electoral issue.

READ MORE : http://www.euronews.com/2026/10/06/sanchez-able-to-convert-housing-weakness-into-strenght-expert-says

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00:00And the imminent elections in Spain are of course the talk of the town here in Brussels this morning
00:04with many wondering how this will impact EU affairs and daily business here. For more analysis
00:09I'm joined now by Javier Cabonel, Director of Future Policy Lab at the European Policy Centre
00:15Think Tank here in Brussels. Good morning Javier, thank you so much for joining us. So the countdown
00:19is on to these elections and we're seeing now you know the Pepe doing very well in the polls,
00:24the Vox also gaining ground. What does that tell us about the political mood in Spain?
00:28I mean the political mood in Spain is not so different than the political mood anywhere else
00:32in Europe. I mean there's this big anti-incumbency, anti-establishment sentiment. Pedro Santos has been
00:37in government for nearly eight years which means that you know that's a lot of time to become part
00:41of the establishment of course and so there's of course some things that are specific to Spain.
00:46So Spain is doing very well in unemployment or economic growth but it's doing very badly in
00:50housing but in general it's not so different than the rest of you know the European sentiment which
00:55is pretty pretty against politicians. And what would a Pepe Vox government actually mean for Spain's
00:59domestic policies? So in domestic policies what we can expect for example in terms of housing is a
01:06much more market-based approach to this kind of measures. We would of course see a much more tougher
01:10position on migration so Vox is a very kind of anti-EU, anti-gender, anti-green and anti-migration
01:17party. So in this sense we would see a tougher position on migration and increasing defence spending
01:23for example so it would definitely be against Sanchez policies in a lot of respects.
01:28And what's Pedro Sanchez's right do you think to call this election now?
01:32Well that's a good question. We don't know but I will say something. If I were an advisor to the
01:37Socialist Party two weeks ago I would have never told them to open with housing elements. So this would
01:41be probably one of the biggest policy failures of of this administration and now it's it's most kind
01:47of election kind of claim right. So he was able to convert a weakness into a strength. Will this be
01:54enough? We do not know but at least this kind of tells us something about Sanchez political mastery to
01:59you know turn difficult situations on their head. And this of course would have major implications for
02:05Europe these elections. How could EU policy be impacted and daily business here? So I think the main
02:11issue is that Spain would probably come back to the again right-wing consensus that Europe is having
02:16at the moment. So in terms of migration in terms of different spending Sanchez was definitely outside
02:21of the consensus and it would probably fold there. I think also a big issue is the budget. So Spain
02:26is
02:26one of the most pro-European also and in pro increasing the budget of the EU. And I don't think
02:32that a PPVox government with a far-right party and Feijó who's not really focused on EU and
02:37international politics is more focused on domestic politics would really press for you know an
02:41increase in EU budget. And we've heard EU diplomats this morning saying already it's becoming a
02:46distraction because of course there's so much that needs to get done even the long-term budget as
02:49well which is currently under discussion here. Well yeah I mean every election is a distraction
02:53and every election always comes you know at a difficult moment where difficult decisions have
02:57to be made. So I think this is kind of normal on the day-to-day but I think Sanchez
03:01was definitely
03:01thinking about you know this big housing crisis and what would be more electoral successful for
03:07for him and that's why he called the elections and I think that's what you know to be honest
03:10anyone politician would do. And just a final point on that housing because housing is also being
03:13discussed and debated in the European Parliament today because the EU is finally rolling out this
03:17EU affordable housing. How critical is the situation in Spain now for young people?
03:21So it's pretty critical especially especially for young people again this is not something that is
03:25particular to Spain but it's definitely more problematic in Spain. Also we have a big concentration
03:30of economic growth in the big cities which means that these are extremely well you know occupied
03:35and also there's a big issue in Spain which is that it is sunny and it's an attractive country which
03:40means that we have a lot of you know northern European people coming to Spain with higher salaries which
03:44means that sometimes the locals can be priced out especially in cities like Barcelona or Valencia
03:49and in the coast. So there are some specificities about Spain's housing crisis but to be honest it's
03:54broadly shared with the rest of Europe. Okay Javier Carbonella from the European People's
03:58The European Policy Centre think tank here in Brussels thank you so much for your analysis.

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