See if your house (or your apartment) will have a new tax in the financing law



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This was established in the amendments that were made to the draft law, which, if approved, would affect the construction sector and stop the redevelopment and trade of housing in Colombia, detailed the Colombian Federation of l & # 39; real estate. Root (Fedelonjas), in a statement sent to the media.

"Taxing the sale of used housing with a consumption of 2% is very inconvenient, as it slows the housing dynamics and encourages informality and tax evasion"warned María Clara Luque, president of the union.

The directive stated that used housing was the main badet of the majority of Colombians. Therefore, taxing these dwellings would help encourage informality. "People will seek to act below real values ​​to remove these taxes, as has been the tradition for many years," he added.

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If this article is included in the initiative, the newspaper La República has established that the national government would collect up to one billion pesos in 2019. This money would be in the 7.5 trillion pesos that should be collected with the tax reform.

For the moment, the guild and the buyers see this tribute with concern because, according to Fedelonjas, "30% of property sales are in the range above 888 million pesos."

"The tax would affect the price of housing, which would result in a decline in the price of housing and thus would not generate the expected recovery of tax by the government, which would lead to a slowdown in the real estate sector and the creation of housing. an additional obstacle to access to used housing ", concluded Luque.

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