plan

AI agents can not only plan your vacation from beginning to end. They are also the greatest threat to Booking and company

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With the generative andn decelerationAI agents run like The next great revolution of the sector. Unlike a chatbot to which we ask something and respond, an agent is able to carry out complex tasks autonomously. The first reaction was to see them as A threat to many jobs. Expectations have fallen because technology is still quite greenbut there is a sector in which the threat seems very real and is already preparing for what can come. The threat. Travel planning is one of the fields in which an AI agent can be very practical. In fact, he was part of the demonstration of Chatgpt agentin which they asked him to organize assistance to a wedding and the agent organized the entire plan, including looking for flights and hotels. If an agent does everything for us, this could leave flight seekers and hotels out of play that act as intermediaries and take a commission for it. If you can’t with the enemy … They tell it in Financial Times. Online travel platforms are beginning to implement functions with AI in their portals. This is the case of Airbnb, which already implemented an AI agent in its customer service and plans to expand it to more areas of its app to make the most automatic experience. Booking signed an agreement with OpenAI to automate services and launch its own travel planner adjusted based on platform data. Expedia also integrated Openai technology and is working on an agent. Hotels and airlines. Unlike online agencies, both the hotel sector and the airlines see with good eyes the arrival of AI agents. If customers hire them directly with them, they would save the Commissions that in the case of the hotel sector is around 20%. Of course, nothing guarantees that these alleged agents do not implement other types of commission system for each hired trip. For Hotrec, the European hotel association, AI agents have potential, but can end up replicating the platform model and generating a new dependency cycle. A lot of at stake. We talk about a business that, according to Financial Times, moves 1.6 billion dollars a year worldwide. The leader travel agency is Booking, which In 2024 he billed 24,000 million dollarsfollowed by Expedia with 10,000 million dollars. The irruption of agents in business can threaten their domain by offering more options to consumers. Nervous. Last year, researchers from the University of Ohio They tested the capabilities of several AI models When planning trips and only achieved a 0.6%success rate. Although agricultural AI has improved, we have recently seen that It still has a long way to go. However, nervousness among those responsible for these platforms is evident. Jochen Koedijk, Expenditure Marketing Director, believes that online agencies have an advantage because they have many data on user behavior. “We know what it sells and what is not. That is the proposal of really important value,” he says. Glenn Fogel, Booking CEO, it’s clearer: “I’m not so dumb as it doesn’t worry me.” Image | Web Summit, via Flickr In Xataka | AI has become the best example that if you don’t pay for the product, you are the product

China knows that its population is going to sink but already has a long -term plan to solve it. How not, thanks to the AI

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In 2024 China exceeded 1,400 million inhabitants, but according to United Nations Data That figure will begin to fall remarkably in the coming decades. Predctions talk about 2050 The population There will already be between 100 and 200 million people, and for 2100 in the best Chinese cases it will have only 900 million inhabitants. Among many other things, there will be a huge impact In a key sector: that of the number of workers available. Source: United Nations In Economist They go further and stand out as today 22% of Chinese citizens are over 60 years old, but in 2035 that fee will rise to 32.5%. The Birth rates They are also very low: to maintain the population that rate should be 2.1 children per woman, but in 2024 the rate It was 1.0 children. And as they point out in Chinese triviumthe situation threatens to make China fall into “the average income trap”, slowing the growth of its economy because, simply, it cannot already have so much cheap labor and the level of exports that it had so far. More productivity. The Xi Jinping solution lies in a concept that the Chinese government calls “new quality productive forces” (NQPF). It is a strategy to boost productivity, and for this you can take advantage of technological innovations, improve education or disseminate ideas and improvements throughout all industries. In April XI He already indicated that its 15th “five -year plan” (from 2026 to 2030) will precisely drive this type of measures. And above all, one. Ai plus. That is where the so -called AI Plus directive, a long -term plan that in the next 10 years hopes to get AI becomes fully infiltrated the entire business and consumption fabric in China. The phases They are clear: 2027: reach a penetration rate of more than 70 % of terminals and intelligent agents in six key sectors (science and technology, industry, consumption, social welfare, global governance and cooperation). 2030: That penetration rate must be 90%. 2025: According to the report, “the AI ​​will be adopted as universally as electricity and the Internet, becoming the ‘basic infrastructure’ of society.” In all areas. The plan pretends that AI is the great technological innovation that allows to boost productivity in all types of areas. For example in innovation and scientific discovery, but also in industrial transformation. In the latter case both agriculture and services are short -term objectives for the deployment of AI. And also for consumption. In the consumer sector, AI must stimulate demand with the application of this technology in products such as connected cars or intelligent domestic devices. And of course, the objective is also that AI accompany and help all citizens in education, work or to improve health. Governance and cooperation. The last two major sectors of the initiative are those that affect government efficiency – for example, for urban planning, national segurity or online censorship – and international competitiveness. In the latter case, the plan defends that AI must be considered an international public good and must follow an open source philosophy. Challenges. Some experts believe that the success of the AI ​​Plus program is not assured, and there are also no clear metrics that serve to really measure the contribution of AI to economic growth. Jeffrey Ding, from the George Washington University, explains that “China faces a diffusion deficit because its ability to innovate and be a pioneer in new technologies far exceeds its ability to spread those advances throughout the economy.” Low adoption. Although the country can train its best talents of AI in its best universities, it has certain problems to achieve that same training between “standard” ingenerios, which can create a barrier for the adoption of these technologies. A survey conducted in 2022 confirmed That perception: only 4.5% of the companies owned by the Chinese government confirmed that the efforts to transform them digitally were “fulfilling expectations.” And the AGI, what? Interestingly, in that document there is no mention of the General Artificial Intelligencewhat seems to suggest once again that China prefers to make generative AI infiltrate throughout society instead of going in search of supremacy in AGI. That does not mean that China does not end up looking for this type of achievement, but at the moment its focus is another. A much more pragmatic and that is precisely aimed at mitigating the effects of its future demographic contraction. Image | Global panorama | Brian Matangelo In Xataka | China has found the formula to upload salaries while still being the world’s factory: a silent robots invasion

The Los Angeles Plan to turn waves into megawatts

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They look like piano keys dancing on the Pacific, but they are blue floats that rise and go down to the rhythm of the waves in the port of Los Angeles. At first glance, they could go unnoticed, but in reality they hide a promise: transform the inexhaustible force of the sea into clean electricity for thousands of homes. Short. The company Eco Wave Power He successfully completed The operational evidence of its first pilot project in the United States just a few days ago. The key moment was the descent to the float water, Transmitted live by Good Morning Americaa symbolic gesture that marked the beginning of the operational phase within the Energy Mix of California. The company has an ambitious plan: it wants to cover with floats the 13 kilometers of the breakwater that protect the port of Los Angeles. This installation could generate electricity for about 60,000 homes, According to Eco Wave Power press release. More in depth. The system uses eight floats fixed to a concrete dock. At first glance they seem piano keys, but their function is much more complex: with each movement of the waves, the floats act on hydraulic pistons that push a biodegradable fluid through pipes to a unit of energy conversion (ECU) installed on the ground. Inside, it works almost like a small hydroelectric plant. The accumulated pressure moves a turbine and, with it, electricity is generated. The entire system fits in two 20 -foot maritime containers, which makes it easy to transport, mount and maintain. The key is in the location. Other projects were launched inside and ended up sunk by the cost of submarine cables and the damage of the storms. Here, however, the floats are anchored in existing port infrastructure. And if you arrive bad weather, they get up as if they were retractable awnings to avoid damage. “When the waves are too high, the floats simply go up until the storm passes, so there is no damage,” The CEO Inna Braverman explained to Techxplore. But not everything is perfect waves. Undimotriz energy has been promising for decades and fulfilling little. The teams in the open sea suffered constant damage, and the repairs were very expensive. The coastal model of Eco Wave Power seems to solve part of the problem, but it is still an experimental technology. We need to check if you can compete in costs with giants such as solar or wind, today cheaper than ever. “The Achilles heel of this energy is in the maintenance and inspection costs. Therefore, to have a device near the coast, from where you can walk and review it, it makes a lot in statements collected by Techxplore. However, we must not forget the current American political context. While the federal government REduce support for green technologiesstates like California continue advancing on their own towards carbon neutrality in 2045. In that pulse, the echo pilot Wave Power works almost as a statement of intentions: although Washington goes in another direction, innovation continues to find holes to emerge. A symphony of the sea for the future. The official inauguration is scheduled for September 9 in Altema, in the port of Los Angeles, and a new chapter in the state’s energy transition is expected to mark. For now, the floats continue to move like aquatic piano keys. But if they fulfill their promise, they could compose a different melody: that of a future in which the ocean sway illuminates an entire city. Image | Eco Wave Power Xataka | Get drinking water with the brute force of the waves: the ambitious plan of the Canary Islands to face the drought

Renfe is choking the liberalization of high speed. With vicinity you have another plan: delay it as much as possible

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Spain has to liberalize the vicinity service. Not because the government wants, because it is a European commandment since the fourth rail package was approved, back in 2016. However, Spain is resisting as much as possible to apply these changes. Now, the CNMC has notified again: it touches liberalization. Obligated. Yes, Spain is obliged to liberalize the vicinity service. In fact, I was obliged that, as afternoon, on December 25, 2023, all services were tendered through public tender. Last year, in 2024, contracts should have been awarded. At least, if the deadlines had been met since In 2016 the fourth rail package will be approved. Last year, in the last part of the year, The CNMC pointed out which had “launched a public consultation to gather information on public traveler transport services on rail (near and medium distance) and their next tender.” The previous deadlines could be extended as long as there is already a contract in force on the previous dates. In secret? That detail about the deadlines is important. According to ABCthe current Renfe contract extended from 2018 to 2027. Arrived 2026, at least 3% of the value of the contract related to the Cercanías service should be taken to public tender. However, they say in the newspaper that the Government and Renfe signed (without making it public) an adend to the current contract to delay this first step of liberalization to 2028. The intention is, therefore, to maintain the service of nearby in possession of Renfe. It calculates this means that the value of that 3% of the contract now exceeds 1,000 million euros. What dates are handled? If everything follows its course and there are no more news, the intention is that the liberalization of the service begins in 2028. First with a pilot test, they explain in The economistwhich would last until 2033. From then on, liberalization should be definitive. To carry out this addendum, it was assured that “it has not been possible to determine the public service obligations that will be bidding before January 1, 2026”. Therefore, this extension was signed in the contract that takes liberalization for a year beyond what was initially planned when it was expected that Cercanías would have been liberalized in 2032. Although the Government was already aware that in 2023 this fourth European rail package began to apply that is committed to liberalization, in 2018 signed the agreement with Renfe that maintains its monopoly until the next decade entry. It is not the first time. The delay in the liberalization of vicinity is not the only case in which the government moves in gray spaces for the liberalization of a rail service. Nor Óscar Puente, Minister of Transportation, has been in favor of this type of interventions. In the Madrid-Galicia line, for example, great results are being achieved for Renfe, to the point they have managed to do Go back the offering of airline tickets. However, the government knows that Renfe will keep the monopoly for a while in the corridor since the particularity of the road jump forces to produce very specific trains that Renfe has monopolized. Now companies like Ouigo have a huge waiting list if they want their own. And as we said, Bridge has been the first to criticize the system. He points out that as Renfe has the obligation to operate as a public service is at a disadvantage because Ouigo or Iryo, the two companies that have entered to work in Spain, can choose the most profitable runners but Renfe is obliged to serve in, for example, the Madrid-Extermadura line that is less profitable. Damage. The arrival of Ouigo and Iro to the Spanish railways has hurt Renfe, especially as far as prices are concerned. Yes it is true that Puente does not lack reason when it points out that, really, the three companies do not operate in exactly the same conditions but also should be remembered other data. The arrival of both companies has punctured the bubble of the High speed prices by train. Never before has it moved so much volume of passengers in this type of lines but we must bear in mind that, since the arrival of the French and Italian company, prices have fallen and have never been so cheap. Are there cases in Europe? Yes, Spain would not be the first country to liberalize its vicinity services although there are important nuances because the prominence of the companies that until they were not so long ago is very strong. In Germany, Berlin S-Bahn that operates 15 lines was awarded in 2021 through public tender … which took a subsidiary of Deutsche Bahn (the German Renfe). However, The Saale-Thüringen-Südharz network (STS) It has 575 kilometers operated by Abellio Rail Mitteldeutschland GmbH, a private operator. In France, Renfe lost the tender in the Nantes-Burdeos and Nantes-Lyon who took SNCF (the French Renfe). In the Italian Piedmont, Renfe has managed partially. However, in the United Kingdom they have had a liberalized system for decades. Now, tired of the bad state of trains and the bad service offered The government is trying to reverse the situation and return to a monopoly to resume public service reins. Photo | Germán Poo-Caamaño and Jornal.cat In Xataka | With high speed in war, the French owner of Ouigo and Renfe are already preparing for the following battle: Cercanías

Plan to remove 2,000 million from the chips and give them to critical minerals

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Donald Trump has criticized on many occasions The Chips Law approved in July 2022 by the government of Joe Biden. At the end of last January and just a week after returning to the White House, the US president He made this statement: “In the very close future we will impose tariffs on foreign production of computer chips, semiconductors and pharmaceutical products to return the manufacture of these essential goods to the US (…) went to Taiwan; now we want them to return. We do not want to give them billions of dollars in The ridiculous Biden program. They already have billions of dollars. “ “The ridiculous Biden program.” It is evident that Donald Trump doesn’t like Chips law at all. Three months before, in October 2024, I had already charged ferocity against this program of the previous administration In Joe Rogan’s podcast: “We put millions of dollars on the table so that rich companies came, they borrow the money and build chip companies here. And they will not give us the best companies.” At that time the possibility that Donald Trump dismantled the Chips program if he arrived at the government was on the table, which caused semiconductor manufacturers They were hurry to collect subsidies Before his return. The partial dismantling of the Chips Law is on the table Presumably Intel, TSMC, Globalfoundries and other designers and manufacturers of integrated circuits have already charged the subsidies of the Chips program assigned to them during the mandate of Joe Biden. Or part of these funds. A priori the money that has already been delivered will not be returned to the administration, but a part of the funds remains in the hands of the Department of Commerce, which is currently led by Howard Lutnick. AND, According to Reutersthe government is considering reallocating at least 2,000 million dollars. China is restricting the export of many of these minerals in response to US sanctions and their allies If this measure thrives those funds initially reserved for semiconductor research and the construction of chips factories will be used to finance projects dedicated to obtaining and the processing of critical minerals. At the moment China controls extraction, processing and the distribution chain of a good part of this crucial strategic resource for many industries, such as integrated circuits, telecommunications, batteries or the electric car, among others. And the country led by Xi Jinping is restricting export of many of these minerals in response to the US sanctions and their allies. The US needs to drastically reduce its dependence on critical minerals controlled by China, and the decisions that Donald Trump has made during recent months reflect clearly that he is much more worried about reinforce the American land industry to deliver subsidies to chips manufacturers. However, the reallocation of these 2,000 million dollars will have an additional effect, if it thrives, it is worth not overlooking: Howard Lutnick will expand its influence to the critical mineral sector. And this manager has the total confidence of Donald Trump. Image | TSMC | Gage Skidmore More information | Reuters In Xataka | The US will not be able to contain the technological development of China. Experts from the chips industry forecast it

Honda is very clear what is your plan to be neutral in emissions

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The history of Honda’s birth It is very interesting: Soichiro Honda said that Toyota’s rejection to buy his piston led him to found the company that bears his name. 76 years after its foundation, along with almost all its Japanese sisters, the manufacturer has its vehicles between The most reliable in the world. In full transition from combustion engines, Jay Josephthe CEO of Honda Australia, has surprised with his words: “Battery electric cars are not the final objective. Better electric vehicles are a way to achieve carbon neutrality, although not necessarily the only one.” Honda’s plan. According to Joseph, the Japanese firm will not neglect electric cars, which are working to improve components such as “solid state batteries.” However, its objective is “carbon neutrality” in 2050. It admits that to achieve it, the electric are “the most obvious path in the short and medium term”, but they will not focus only on them: “we will develop other technologies that help us achieve it,” he said. The short term of Honda is hybrid. Robert Thorp, another Honda manager, believes that “while drums are gaining market share and generate a lot of media noise, in practice the choice of consumers remains hybrid.” And it gives as an example the growth in the SUVs: “the electric ones remain plans, and those of combustion are in decline, but all the growth is in the hybrids.” He does not believe that it is only because of the options available in the market, but for his belief “that for consumers, behavioral changes are difficult.” Regarding hybrid SUVs, in Spain there are several among the best sellingsuch as the Kia Sportage, the Nissan Qashqai or the Toyota Yaris Cross, next to plug -in hybrids such as the Ford Kuga or the Hyundai Tucson. Other technologies. Jay Joseph explained other areas where they see potential: Hydrogen fuel battery for saving load times. A vision that they also share with Toyota, Hyundai or BMW, but that faces an infrastructure problem, and that at the end of 2024 there were only 1,160 refueling stations worldwide, According to H2Sstations. Why it is important. At a time when the industry has to decide what it wants to be in the next two decades, Honda continues among the brands that More cars sell in the worldand Growing in double digit in markets as profitable as the American. 20% of the market are already electric carsand what they decide to do since their headquarters in Minato is very relevant due to the impact on the plans of the rest. In that sense, already They announced Although they did not retire from the electric market, they did cut their sales forecasts, which came to estimate 30% of the total in 2030. Cuts. As their Australian managers pointed out, which right now the market goes through the hybrid, Honda announced a 30% cut in its investment in electrification and software by 2025. In the background there is also the fact that governments around the world are making deadlines more flexible to comply with goodbye to combustion and emission regulations. So, Electric car skeptics are in luck. But Honda does not forget them, and facing 2040 still maintains a clear plan: Sell only electric and fuel cell. There is still a decade and a half to meet the goal, so they believe there is room for a gradual transition to the electric. Aligned with whom he sells the most (and other manufacturers). Toyota is the largest car manufacturer in the world, and remains convinced that the electric car It won’t be the preferred option. They believe that investing more money in this technology is to “waste it”, because demand does not compensate to increase investments. At the end of 2023, Akio Toyoda, president of Toyota Motor Company assured That “it doesn’t matter what the electric car improves, it will not happen 30%.” The great Japanese manufacturer is convinced, as Honda, that The future is hybridand has interests not to say goodbye to the market where it has been a pioneer and with which it follows reaping records. Renault sees it similarlyand Others like Volvo are reculating. In general, European manufacturers want most lax deadlines About the prohibition of selling combustion cars from 2035. The argument also reminds Honda’s: the electricity is not sold enough, and that is that the own Tesla sold less in 2024 than in 2023. Main image | Sling In Xataka | “Without infrastructure, it is very difficult”: Volvo believes that the big problem of the electric car is in southern Europe

The US will not allow Intel to fall into full confrontation with China. The government has a plan to prevent it

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Intel has just received a very important vote of trust in A moment of weakness. The Japanese Softbank investment group has just injected into this company 2,000 million dollarswhich has consolidated it as the sixth share of Intel. According to Reutersthis Japanese company has promised not to participate in the Board of Directors, and it will not buy integrated circuits produced by this American chip manufacturer. Even so, everyone wins. For SoftBank this investment is important because Intel will interpret in the future an essential role in the US semiconductor industry. “This strategic investment supports our conviction that the manufacture and supply of advanced semiconductors will expand further in the US with Intel playing a fundamental role,” has declared Masayoshi arethe CEO of SoftBank. On the other hand, these 2,000 million dollars arrive just after Intel has dispensed with Between 8,000 and 10,900 workers of its factories with the purpose of reducing their operating expenses and increasing their competitiveness. However, the company led by Lip-Bu so has something else in hand. Something very important. And is that, According to BloombergIt is negotiating with the Trump administration the possibility that the State acquires a 10% participation in Intel. The largest integrated circuit manufacturer in the United States cannot fall Most of the decisions made by the US government since Donald Trump returned to the White House On January 20, it pursues a single objective: the American semiconductor industry must be strengthened and independent. Intel is the biggest manufacturer of US chips, so allowing its fall is not an option for the government. The possibility of the State participating in Intel’s shareholders reinforces this precept, although this company has already acquired an unavoidable commitment to the administration. Intel is the largest US chips manufacturer, so allowing its fall is not an option for the government In mid -September 2024 Intel published a statement in which he anticipated that he will receive a maximum of 3,000 million dollars within the framework of the ‘Chips and Science Act’ program to manufacture in a reliable way semiconductors for the US government. The name of this plan, “Safe Enclave”, reflects one of the requirements required by the Administration: Chips must be produced in the strictest confidentiality. The Commerce Department confirmed that it was evaluating the possibility of Intel reserving a restricted area in some of its integrated circuit manufacturing plants specifically for the production of chips for defense and intelligence applications. What is not yet clear is who will take care of the expenses derived from the tuning of this “exclusion zone” within the factories. They can be borne by Intel, but this money is likely to finally come from the subsidies of the State. There is something important in which we have not yet repaired: the Defense Department is interested in using Intel’s 18th node. At the beginning of September 2024 this company confirmed that the 20A node will be skipped To reduce expenses and It will derive its resources to the 18A node. According to Ben SellVice President of Intel Technology Development, the 18A node has reached the maturity necessary to enter production in 2025 and will benefit from the resources that will be reallocated from the 20A node. Although the latter at the end will not go into large -scale production will be remembered for being the first in which Intel introduced two important innovations: transistors Ribbonfet Gate-Lall-Around (GAA) and Powervia energy delivery technology. Image | Intel More information | Reuters | Bloomberg In Xataka | Intel has confirmed that the 20A node will be skipped to reduce expenses. The 18A node will enter production in 2025

Openai’s plan to get more money with GPT-5 has exploded in the face: total back

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Shitting not only affects streaming. We begin to see indications that the chatbots of AI are no longer so beneficial for users, and they are not for a simple reason: they must be monetizing them. It is what OpenAi has just done when launching GPT-5, a model that promised to be easier to use and powerful than ever, but has ended up returning to what worked with GPT-4. The controversial router. When Openai launched GPT-5, he did it with a great novelty: to raise it as a unique model that adapted only to the needs of each user according to the question we asked him. The router detected if that question was more or less complicated and theoretically activated the most appropriate mode of operation in each case, but there was a problem: Always using the cheapest operating mode. Reverse. People-especially those who used chatgpt-quickly criticized both that decision and the option to use ancient models such as GPT-4O. The mutiny had effectbecause: He has recovered the old models he had killed (such as the aforementioned GPT-4O), although only for payment users Has enabled the function of choosing GPT-5 variant to free users It is a spectacular revenue just when Openai had sold us that unique and off -road model (and its router) as something differential. The options are good. Altman himself explained that from now on Chatgpt users can choose between “Auto”, “Fast” and “Thinking” when using GPT-5. “Most users will want to use a car,” he said, “but additional control will be useful for some.” He also remembered that GPT-4O is again available for payment users and clarified that “if at any time we deactivate it, we will warn with a long time.” Less root, more customizable. The OpenAi CEO also talked about another of the problems that were highly criticized in GPT-5: it was too neutral. Too cold and robotic. That could change very soon because as I said, “we are working on an update of the GPT-5 personality that should be perceived warmer than the current but not so annoying (for many users) as GPT-4O.” In Openai they have understood something important: people love to be able to customize everything they use … although many do not. A GPT-5 hypothesis. In Semiianalysis They have a theory Curious that they would explain the way Openai has launched GPT-5. According to them, the model of the model is not the model, but the router. This component was intended to monetize the service much more and convince users to pass the free service to one of the payment subscriptions. Altman already pointed to that approach. In fact, Sam Altman shared first revealing data on Sunday. The percentage of free users who were using the “reasoning” variant of GPT-5 had gone from less than 1% to 7%, while for Chatgpt Plus users that percentage went from 7% to 24%. That can imply that the basic model was not as good as users expected and preferred to make him think, but there is another striking fact. More subscriptions. According to Semiianalysis, the router and that best behavior when the “thinks” model seems to have convinced many more users, and subscriptions, they point out, have multiplied by 3.5. The router may have caused criticism of intensive chatgpt users, but it also seems to be a key element to try to achieve something OpenAi needs like water: convert free users – it has about 700 million – into paid users. Shit. Openai’s tactics, if really this, is not new. To degrade the free service with respect to the payment usually makes more users go to the payment (in addition to the initial criticisms). We have seen it for example in Netflix: when it began to close shared accounts and put internet ads, it was thrown over and the service seemed to have a complicated future. Today Netflix is more reference than ever and the fucking its service has worked perfectly. You may want to copy the idea in Openai. In Xataka | Sam Altman and Elon Musk hate each other publicly, so Altman has attacked where it hurts most: Neuralink

Madrid needs to build a lot to relieve its serious housing crisis. You already have a (mini) plan to achieve it

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Madrid You need housing. A lot of housing. If the city wants to solve its mismatch between supply and demand and thus stop The climbing Price that he has long suffered needs to strengthen his market. It is not a simple task. Over the last years the capital has Moved file for example to avoid the escape of floors towards the holiday rental or clear land in which Raise new houses. With that backdrop, his City Council has just taken an important step with which he hopes to create hundreds of households in a new urban widening. Objective: to stop one of the Great challenges of the capital. What happened? That Madrid has taken an important step that will allow (partly) to relieve one of its most pressing problems: The lack of housing. A few days ago the City Council advanced in the procedures to clear the situation of an area of 218,000 m2 located east of the capital, together with San Fernando de Henares and Coslada, and in which 700 houses will be built, 50% official protection. What exactly? Advance in the long bureaucratic journey that the project has to complete before the first stone is placed. Last week the Government Board of Madrid approved Submit to the public information process the Sector Plan for the ‘Development of the East-Esanche of San Fernando’. The objective: ultimately, order the land located next to San Fernando de Henares and Coslada to “transform” with green areas, services … and houses. The Governing Board also approved to send the document to the Community of Madrid to activate two other essential bureaucratic gears: the strategic environmental assessment and the territorial impact report. For now, the project already has a favorable report from the General Planning Directorate. Click on the image to go to Tweet. Where will it be built? East of Madrid. To be more precise, near the roads M-45 and M-50 and the Regional M-206, between the towns of San Fernando de Henares and Coslada. Towards the East limits with the Parque Roma-Coronas neighborhood (S. Fernando de Henares), to the Oste with Jarama (Coslada) and to the south beautiful with the hills (Madrid). The Consistory recalls that under the ground the Metro line 7 runs, not far away are the Central Coslada and S. Fernando. The idea is not to build only 700 homes, green areas and other equipment, but “integrate” the new neighborhood into the surroundings, especially with Romoronas Park and Jarama, “giving continuity and harmony to the whole set, also with the metropolitan forest,” Clarify José Luis Martínez-Almeida’s team. The Consistory wants to integrate the improved road into the urban framework, preventing it from acting as a kind of “barrier”. Why is it important? Because among other things the Ensanche of San Fernando plans to create about 700 new homes, half with some degree of public protection and the rest available for the free market. And that is an important news in a city that suffers a deep mismatch between demand and the supply of residences, which translates into a deficit that some voices of the sector They relate precisely with the lack of soil available for construction. The Association of Real Estate Promoters of Madrid (Asprima) Calculate that every year they are necessary 40,000 New households in the community, well above the production of new construction. According to their estimates, over the last years housing deliveries have remained between 7,200 of 2014 and the “peak” of 23,500 last year. In 2023 and 2024 he estimates that 16,000 and 18,600 began respectively, which gives an idea of the stage for the next few years. And what does that suppose? “There is much more demand than supply and that translates into a price increase. In addition, there is an embolized demand for more than 175,000 homes,” warned Real Estate Consultores Forum in a 2024 analysis. In its last year’s report, Asprime already remembered that the INE forecasts pass through that in the coming years (between 2022 and 2037) the population of the Community of Madrid grows almost 13% to exceed the 7.8 million inhabitantswhich will fully affect its real estate market, tensioning it even more. “This growth will cause the community to build housing in the next 14 years for 573,738 new homes, passing the housing park of the 2,636,988 existing in December 2022 until 3,210,726 of December 2037. It means building more than 40,000 homes a year, compared to the 17,000 that are currently built,” collect The promoters report. The collective is part involved, but it is not the only one who has warned of the hole, a problem that extends to other regions of the country and also has pointed out The Bank of Spain. Does it affect something else? Yes. The mismatch between supply and demand, added to other factors such as The pressure that holiday rentals exercise, it is felt on several fronts. For example, in The speed with which the floors find tenant or buyer or The hard conditions who are forced to assume those interested so as not to be expelled from the market. If there is a clear indicator of the imbalance it is nevertheless the price. Idealista calculates that M2 costs € 5,718 In the capital, 23.7% more than a year ago. In the case of rentals the rise was from 11.3%. Images | Quique Olivar (UNSPLASH) and Borja Carabante (X) In Xataka | In Madrid the number of Latinos has shot. And with them a new phenomenon: 15 -year -old parties for Madrid

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