More than half of Europeans living in cities say paying rent or buying a home is an urgent problem. The EU has a plan to help — and it starts with a common way to spot where housing pressure is highest.
How the EU plans to tackle the housing crisis:
How would authorities identify areas under housing stress?
More than half of Europeans
living in cities
say that paying rent or buying a home
is an urgent problem
So, what is the European Union doing
together with Member States
to make housing more available
and more affordable?
Let's take a look!
Spotting housing pressure.
The European Commission proposed
in its Affordable Housing Act
to help national, regional and local authorities
to better assess
whether an area
is under
housing stress.
But what do we mean
by housing stress?
Well, it's an area where housing
has become particularly hard to find
or afford.
Using a common European methodology,
authorities would look at house prices
compared to income
and other relevant local evidence.
If prices are too high
national, regional and local authorities
may take targeted action
to improve the situation.
Tackling the causes of housing stress.
In some areas under housing stress,
homes exist
but are not available for citizens
looking for a long-term place to live.
It's estimated that 20% of houses
and flats across the EU
are unoccupied,
and in some tourist areas,
short-term holiday rentals
may leave fewer homes available
for permanent residents.
In central Madrid, for example,
there are around
40 short-term rentals for every 100 homes
on the long-term rental market.
Where there is clear evidence
that this makes homes
harder to find or afford.
Authorities could take action
Authorities could take action
to address the issue,
like restricting the number of short-term rentals
available in that area.
Authorities would need evidence
to justify any restrictions.
These restrictions would be temporary,
and anyone affected
could challenge them in court.
More homes and faster.
Restrictions alone
cannot solve the housing crisis.
That's why the EU
has made recommendations
to make more housing available,
especially affordable, social
and student housing.
That includes
bringing vacant buildings
back into use
and converting suitable buildings
into homes,
and making it simpler
and quicker
to get planning
and building permits.
Decisions on housing
remain in the hands of national,
regional and local authorities.
But the proposed Affordable Housing Act
gives authorities clearer rules
for taking action
and gives
practical recommendations
to increase the supply of homes.
The aim is simple:
to make more homes
available and affordable
for Europeans.
Want to know more?
Check the description
below for more details
on how areas under housing
pressure could be identified
and what the full recommendation covers.
And let us know in the comments below.
What would make the biggest difference
to housing in your area?