The Continent’s housing crisis has gone from being a slow burn to a four-alarm fire — but some countries are handling it better than others.
The Continent's housing crisis has gone from being a slow burn to a four-alarm fire — but some countries are handling it better than others.
One of Europe’s long-simmering political frustrations is suddenly boiling over.
From Lisbon to Łódź, voters are angry about the lack of affordable housing. Anti-immigrant riots broke out in Dublin last fall, fueled in part by claims that the Irish capital’s limited public housing was being given to foreigners. Meanwhile, in cities like Lisbon, Amsterdam and Milan, thousands of protesters have taken to the streets to denounce the lack of affordable homes.
In a poll ahead of last week’s far-right surge in the European Parliament election, the Continent’s mayors listed housing as one of the most important issues facing their constituencies.
In many cities, politicians have decided that it's better to have tourists than people living there permanently, so they simply ignore the fact that every house is today an Airbnb (legal or else) and that any new homes being built are simply unaffordable because they aim to be purchased by Investors to speculate.