Source: European Commission (video statements)
Between 2013 and 2024, house prices in the EU increased by over 60%, average rents rose by around 20%, and residential building permits fell by 22%, while about 20% of homes remain unused.
The EU’s plan to tackle the housing crisis addresses what has become both a housing and a social crisis.
Rules for affordable housing investment projects will be made simpler, more funds will be mobilised with the help of the European Investment Bank for affordable and social housing, and these projects will be protected through minimum project durations of at least 20 years and price limits below market levels for publicly funded projects.