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Spain's general election set for November 29, and Pedro Sánchez looks set to win again
Pedro Sánchez is weighing an early election on November 29, 2026, the first Sunday allowed by Spain's electoral law, ahead of the expected defeat of the government's housing decrees.
Pedro Sánchez is weighing an early election on November 29, 2026, the first Sunday allowed by Spain's electoral law (LOREG), after gathering his inner circle without Sumar. The scenario is being accelerated by the expected defeat of the two housing decree-laws in Congress and by the protests against the eviction of Maricarmen Abascal.
On **October 2, 2026**, **Pedro Sánchez** gathered three or four of the most trusted people in his office to weigh an early election on **November 29**. According to elEconomista.es, the meeting did not include representatives from Sumar. Afterwards there was a specific conversation between Sánchez and Second Deputy Prime Minister **Yolanda Díaz**, who did not detail its content but recalled that any early election is "the exclusive prerogative of the head of the Government." That is the framework. A prime minister who until now had dug in to squeeze out the full term is putting the most extreme scenario on the table: the ballot box ahead of time.
## A date that fits the LOREG
The first Sunday allowed by the **Organic Law on the General Electoral Regime** is **November 29**. That is the date that has been put on the table. The law sets the rules of the electoral calendar and, in this case, leaves that Sunday as the earliest possible option. It is not the only day in the calculations. **December 6** also antiestéticatures, the immediately trinc Sunday and a holiday commemorating the promulgation of the 1978 Constitution.
For Sánchez, this is a turnaround. Until now he had dug in to squeeze out the full term. The change of mind does not come out of nowhere: the Government is preparing for the aftermath of the expected defeat of the two housing decree-laws on Friday, October 2, 2026, in the Congress of Deputies. Even the most extreme scenario, an early election, entered that calculation. Economic policy also plays a role: the two texts touch the property market and rental contracts, two areas where any regulatory change moves investment decisions, prices and expectations.
## The housing decrees as the trigger
The two texts fall or survive on one very specific vote. One contains most of the measures to intervene in the property market. The other focuses on the automatic renewal of rental contracts, which Sumar defended from the start and alone. The rejection by **PP, Vox and Junts** would make the fall of both inevitable. Especially Junts' vote, according to the reading within the Government.
In Moncloa's view, that vote forces the right to "show its true colours." The prime minister believes he can profit from the climate created by the protests against the eviction of **Maricarmen Abascal**, which took place just over a week earlier. The mobilisation of militant sectors of the left is a fact, with a camp kept up in **Puerta del Sol**, in Madrid. It is no minor detail: a part of the left-wing electorate that had gone quiet is back on the streets.
## A party that no longer waits for 2027
Support for these plans is not unanimous in Sánchez's inner circle. But positions in favour of not waiting until 2027 to vote are starting to surface within PSOE ranks. It is not a new situation. **Emiliano García-Page**, president of Castilla-La Mancha, has been openly in favour of an early election after crises such as the corruption cases in Sánchez's circle or the assault on the Ceuta border crossings last July 2026.
The final decision has not been made. Sánchez has **November 29** and **December 6** on the table. Díaz has already made clear that the prerogative belongs exclusively to the head of the Government. In politics, as in the markets, the calendar is also a signal. It is wise not to take any scenario for granted: the call depends on the prime minister and there is still no official decision.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (14 replies).
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