Inflated rents, high interest rates and lack of supply create European housing crisis
www.france24.com
Soaring costs across the EU are pricing out renters, deterring prospective buyers and preventing new homes from being built. As Europe’s housing crisis grows, so do homelessness rates across the bloc. What…
  • filister@lemmy.worldEnglish
    7·
    1 year ago

    Some excerpts from the article:

    “In many countries, housing has been considered as an asset and it’s very often being used for speculation or for investment.

    According to figures from FEANTSA, the number of homeless people in the EU has risen by 30% since 2019.

    In the decade up to 2022, average rents increased by 19% in the EU and house prices by 47%, according to Housing Europe, an umbrella organisation that works with groups providing public, cooperative and social housing in EU countries.

  • xmunk@sh.itjust.worksEnglish
    7·
    1 year ago

    Damn, if only there were hundreds of thousands of AirBnB units we could tax the shit out of to return them to the market.

  • gusgalarnyk@lemmy.worldEnglish
    1·
    1 year ago

    Housing as a speculative investment is a plague on society. I hope countries place regulations and heavy taxes against properties you own but do not live in or utilize personally.