Europe's housing crisis: Is the EU plan up to the job?
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Quick Summary
MEPs recently approved a key report on housing, with the stated aim of securing decent, sustainable and affordable housing. They are responding to an EU-wide crisis in which property prices jumped by 15.5 percent between 2021 and 2024, according to Eurostat. That has frozen out millions of people looking to get onto the property ladder. Rental prices have continued to go up as well. Housing is a competence of member states, but there has been a push to do more at the EU level. We debate just how much Brussels should get involved, and whether the solutions it is proposing are workable.