Gobierno propone desindexar la vivienda VIS del salario mínimo y fijar tope en todas las ciudades

TL;DR

A new decree proposes to set the maximum price for Social Interest Housing (VIS) at 135 minimum monthly legal wages.
This price must be fixed in Colombian pesos from the beginning of the contract and cannot be automatically indexed to the minimum wage.
The measure aims to prevent sudden price hikes experienced by families after minimum wage increases.
The decree suggests a uniform price cap for VIS across all cities in Colombia.
Extraordinary price increases will only be allowed for documented reasons affecting input costs, supported by the Construction Cost Index (ICCE).
Omission of the definitive price, unjustified delays in signing deeds, or clauses creating contractual imbalances will be considered abusive practices.
Former Minister José Manuel Restrepo argues the decree offers short-term relief but could harm the long-term VIS construction market.
Former Minister José Antonio Ocampo supports de-indexing prices from the minimum wage, stating inflation adjustments are acceptable but automatic dependence is not.
The market faces questions about whether VIS, with projected prices around $235 million and higher monthly installments, remains affordable for lower-income households.

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