housingcrisis
The Swiss city of Zurich and the Irish capital Dublin top the price rankings in a recent report on construction costs across Europe. Data released this week by the Society of Chartered Surveyors Ireland and Trinity College Dublin looks at the price of building the same unit across ten cities. The benchmark was a block of 39 apartments over seven or more storeys, containing mostly two-bedroom dwellings. According to the report, the cost of building this kind of apartment in Zurich is around €2,866 per square metre, the highest figure recorded. Germany announces €23 billion tax cuts to help infl...
Euronews (English)
Kensington and Bayswater is one of the wealthiest areas in the United Kingdom. But it’s also one of the most socially-divided. In the constituency’s south, upscale mansions line streets among the most prosperous in the world. Walk northwards, and these luxury homes butt up against crowded housing estates. This deep social divide often translates into razor-thin electoral margins. The seat - redrawn to include Bayswater as part of last year’s boundary review - was among the most marginal in the country in the 2019 general election, where the Conservatives edged ahead of Labour by just 150 votes...
Euronews (English)
The housing crisis is an increasing concern across Europe, with shortages and escalating rents becoming more prevalent. Homelessness is also on the rise, posing a significant problem. According to the OECD, the UK has the highest rate of homelessness in Europe, having more than doubled over the past 13 years. Housing tenure has undergone significant changes in the UK in recent decades. In England, the proportion of private renters surpassed that of social renters in the early 2010s for the first time in more than four decades of available data. Similarly, the gap between private and social ren...
Euronews (English)
Rising rents and a shortage of affordable housing have pushed more people into homelessness in the UK amid the biggest decline in living standards since World War II. With the housing crisis set to be one of the deciding issues of an upcoming parliamentary election, the homeless charity Crisis has recently been helping homeless people register to vote so they can have their voices heard. Trevor, a homeless man who has been visiting the Crisis centre in Brent, said the last time he voted was for Brexit. He added he felt disillusioned and that the homeless and their struggles had been forgotten ...
Euronews (English)
Earlier this month, Dublin made international headlines. In the heart of the city, an encampment had sprung up along Mount Street, just outside the state's International Protection Office. For several months, the tents had been occupied by asylum seekers. Nigerians, Afghanis, Pakistanis - among others - had illegally pitched up, sleeping rough due to a lack of alternative accommodation. Just after dawn on the 1 May, the police moved in to dismantle the encampment. According to the government, almost 300 unaccompanied men were moved from Mount Street to Citywest and Crooksling - also in County ...
Euronews (English)
Europe faces a deepening housing crisis, with severe shortages and escalating rental prices. Vacant properties and second homes present another dimension to this issue. In England, there were 1.5 million unoccupied dwellings in 2021, accounting for 5.4% of all housing units such as houses or flats, according to ONS estimates. Paying extra council tax (a "premium") for empty houses has already been implemented in a number of local councils for a decade, although the rules vary. The strengthened empty homes premium came into effect in April. It now applies for properties that have been empty and...
Euronews (English)
The housing crisis is a growing concern across Europe, marked by shortages and escalating rents. Approximately 70% of EU residents own their homes, while the remaining 30% rent. About 17% of the EU population lives in overcrowded conditions. In Europe, the housing landscape is varied, with a significant divide between homeowners and renters. In eight out of 36 European countries, more than 90% of the population lived in their own homes in 2022 according to Eurostat. Over half of the population rents in Germany and SwitzerlandIn Germany, the proportion of renters exceeded 50% in 2022, making it...
Euronews (English)
Improving competitiveness (better conditions for businesses), cutting bureaucracy, protecting jobs and supporting the green transition are just a few of the key pledges from the party groups ahead of the European Parliament elections taking place 6-9 June. Turning on the economic growth engine in the continent for the next five years appears to be a complicated task. The current output is little more than zero and the outlook for the next years appears to be stark, according to the IMF which states: "Europe's medium-term growth prospects have been declining for some time." The last five years ...
Euronews (English)
Year-on-year residential property prices in Ireland have continued to accelerate, according to the country's Central Statistics Office (CSO). The national Residential Property Price Index (RPPI) recorded an annual rise of 6.1% in the 12 months leading up to February 2024. Prices in Dublin climbed by 5.6%, while areas outside the capital saw an even higher rise of 6.5%. Last month, the Economic and Social Research Institute warned the Oireachtas Committee on Budgetary Oversight that Ireland's property prices were likely to continue rising in the near future, because of both low investment and a...
Euronews (English)
Several western European countries have seen their citizens' satisfaction with public services falling since 2011, according to a survey by Gallup. The UK suffered by far the largest fall on Gallup's Community Basics Index, from 79 to 67 out of a possible 100 points – followed by countries such as Ireland (76 to 70), Germany (79 to 73), and Luxembourg. Yet other countries' numbers either held steady or increased slightly. France and the Netherlands stalled at 70 and 76 respectively, while Belgium increased from 69 to 71 and Austria from 78 to 79. The survey tracks public perception of basic co...
Euronews (English)
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