The real estate market of the Metropolitan Region could have important changes ahead. The entry of more and more investors in search of profitability, coupled with demographic and cultural changes, has made the properties rise in value to such a level that half of Chileans can not buy a new home and up to 35% can not access not even one used, according to a study by the Institute of Urban Studies and the UC Cities Observatory, together with Inciti. And now, with the new measure proposed by the Government to extend the value of building the eligible homes for VAT rebates from 2,000 to 4,000 UF, experts are wondering what effect the initiative will have on the prices of housing and if it will really serve, as President Sebastián Piñera put it, to 'encourage the acquisition of housing by our middle class'.

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