Unaffordable and inadequate housing in Europe - Luxembourg

Abstract of the full report : Unaffordable housing is a matter of great concern in the EU. It leads to homelessness, housing insecurity, financial strain and inadequate housing. It also prevents young people from leaving their family home. These problems affect people’s health and well-being, embody unequal living conditions and opportunities, and result in healthcare costs, reduced productivity and environmental damage. Private tenants have faced particularly large housing cost increases, and owners with mortgages are vulnerable to interest rate increases. In addition, many owners without mortgages, especially in post-communist and southern European countries, experience poverty and housing inadequacy. The cost-of-living crisis affects people in all tenancies. Social housing and rent subsidies support many, but capacity differs across and within countries, and these measures exclude certain groups in vulnerable situations and fail to reach everyone who is entitled to them. Three quarters of Member States have Housing First initiatives – providing housing for homeless people – but these mostly operate on a small scale. This report maps housing problems in the EU and the policies that address them, drawing on Eurofound’s Living, working and COVID-19 e-survey, European Union Statistics on Income and Living Conditions and input from the Network of Eurofound Correspondents.