Housing Costs Soaring, Rents Up 23% Since 2010

EESC Calls for Action

Survey Finds House Prices Have Climbed 50% in 13 Years

House prices and rents have skyrocketed in recent years, according to a new report by the European Economic and Social Committee (EESC).

The report found that house prices have risen by an average of 50% since 2010, while rents have increased by 23%. The EESC said that these increases are putting a strain on household budgets and making it difficult for people to afford a home.

The EESC called for a number of measures to address the issue, including:

• Increasing the supply of affordable housing
• Introducing rent controls
• Providing financial assistance to first-time home buyers
• Improving the energy efficiency of homes

The EESC said that these measures would help to make housing more affordable and accessible for everyone.