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European Commission proposes first EU plan to tackle housing affordability after 60% price surge

The European Commission has unveiled the first European Affordable Housing Plan, addressing one of the most pressing challenges facing EU citizens today. Over the past decade, average housing prices across the EU have increased by more than 60%, while rents have risen by over 20%, leaving millions struggling to find affordable and decent homes.

The housing crisis is no longer just a social issue. It has become a major economic concern, affecting labour mobility, access to education, and family formation, while undermining social cohesion and the EU’s long-term competitiveness.

Read full article here: turnovernews.com

Read also: ING Bank Romania Launches SHIFT Hub

Photo: freepik.com

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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