the rising Construction costs due to high inflation and interest rates further exacerbate the situation in major european countries mid glitch in Housing supply and demand leading for higher rent payments.
Although governments are trying to find solutions such as reducing rise in rentals in European continent, where half of the population spirits in rent in In some countries, high inflation is expected to continue to dampen rents and housing prices.
according to research By Eurofound, which is a subsidiary with The European Union, in particular private Tenants in the sector suffer from housing insecurity and high inflation, rising Interest rates, increasing construction costs exacerbate the housing shortage.
expenses of families on housing and heating exceed 50% of their monthly income in some provinces.
as pressure on Rents have increased tremendously in recent months with Immigration from Ukraine, those who are looking for Apartments for Rent in big Cities such as the German capital, Berlin, need should be ready for prolonged stress test.
In many European cities, from Berlin to London, families see buying house as “impossible”.
Germany
in Germany that has population of 84 million, about 700,000 new Accommodations are needed to relieve pressure on the real Property market.
Housing shortage in country in highest level in 20 years because rising Construction costs, high interest rates, and downflow of refugees.
According to experts, construction investments are less attractive in Many areas and sharps in Construction prices and interest rates in Recent months have negatively affected many construction projects, resulting in the housing shortage reaching its limits highest level in 20 years.
the arrival of Ukrainians to Germany, after start of Moscow-Kyiv war on February 24, 2022 caused In addition demand for 200 thousand housing units.
in Berlin State government Hold a referendum to confiscate thousands of homes from real Real estate companies because of the protests against Rent increase. about 56.4% of Voters said “yes” to expropriation of more More than 240,000 apartments.
companies own over 550,000 dwellings worth 100 billion euros in Germany where half of the population spirits on rent.
Average rents in The capital, Berlin, increased by over 100% since 2010, while new Apartments are rented for At least 26 euros per square metre.
Austria
In the Austrian capital, Vienna, where rents have risen sharply due to of the increase in Living demandrent cost per square metre for Apartment prices range from 17 to 20 euros.
While many arrivals are low live in State subsidized council housing in Vienna, Recordings for These condominiums with Increasingly long wait times increased by 26% in the last Three years.
Denmark
Denmark has modified its laws to make them more difficult for Institutional investors to dramatically increase rents when buying real estate, instead government The so-called “Blackstone Act” passed three years ago, which aims to curb rising rents.
United State real Real estate giant Blackstone has bought dozens of thousands of Apartments in Denmark in In previous years, while tenants complained about its lack of Reforms and heavy rent increase of over 100%.
the group also Try to convince the tenants to end the lease by paying severance pay.
The Blackstone Act now prohibits landlords from increasing rent for Five years after purchase property.
Law has been celebrated as a “landmark” against Exorbitant rental costs in Denmark, while Blackstone said the company manufactures up only 0.5% of Rent Copenhagen market.
despite this moveunder housing in the city It didn’t go away.
Share in Denmark for Affordable housing also striped, and 25% of Apartments in new It is planned to rent the premises at reasonable rates.
France
Rent is the most important monthly expense of French people.
Increase in housing prices in The capital, Paris, has pushed low- and middle-income families to the suburbs over Over the years, making it difficult to find rented accommodation.
Published report on 1 February by the France-based charity Abbe Pierre revealed that A of 2022, 4.15 million people in country was struggling with Living problems or live in Inhumane conditions.
According to the report, the number of homeless people in France increased to 300,000 and this rate increased by 140% in 10 years.
French President Elisabeth Bourne said last the week you want easier for All citizens access Living in Areas in short supply through financing facilities, even with 0% interest rate.
Holland
Housing shortage in Cities such as Amsterdam, Utrecht, The Hague and Rotterdam continue, which receive the most immigrants and are populated by students and tourists.
the government’s inability To meet the growing housing needs causes all protest year.
In Amsterdam, where there were widespread protests made against housing restriction, and demand for Room rents have increased rapidly, especially after the COVID-19 pandemic.
rent for room in the city About 800-900 euros.
United kingdom
in the UK, one of the countries with the highest Housing restrictions and rent increases in Europe, average rent of a house by 9.4% in the first quarter of This year, to reach 1,190 pounds ($1,494).
According to data from the British online real Rightmove Real Estate Company Average rent in The capital is London hit an all-time high of £2,501 a month, up 14% over same period.
the number of Houses for rent in United kingdom real Property market is 46% below 2019 level.
Spain
In Spain , government seeks to take measures against growing housing problem all yearIntervention in Rent increase for the first time in democracy in the country history.
According to the approved housing law in the parliamentThe rent increase will be limited to 2%. in 2023 and 3% in 2024 instead of economic inflation.
In addition, property taxes for housing that was vacant for more percentage of two years up to 150%.
Prime Minister Pedro Sanchez also promised to do so build a total of 113,000 homes in Three separate projects for Affordable rental for young people and families in financial difficulties.
housing problem in Spain experienced in the cities of Madrid and Barcelona, who host highest number of immigrants, students and tourists.
It just counts one The room rent is between 500-600 euros in These cities and demand for Room rents increased by 40% compared to last year.
Greece
With the economic crisis in Greece after 2009 is serious decrease noticed in real Real estate sale prices and rents in 2010s, but this situation has been reversed in Last few years.
the increase in rental prices in Country in the last Five years have exceeded 30% and this increase will continue in 2023 and it will be between 3% and 7%.
short-term The lease method is seen as one of the reasons for the increase in rental prices in Greece.
especially in Crisis period, short-term Leasing of homes for Tourism items that are bought cheaply from the central regions and especially the capital, Athens, and refurbished, causes a decrease in width and increase in rentals.
the rising Construction costs due to high inflation and interest rates further exacerbate the situation in major european countries mid glitch in Housing supply and demand leading for higher rent payments.
Although governments are trying to find solutions such as reducing rise in rentals in European continent, where half of the population spirits in rent in In some countries, high inflation is expected to continue to dampen rents and housing prices.
according to research By Eurofound, which is a subsidiary with The European Union, in particular private Tenants in the sector suffer from housing insecurity and high inflation, rising Interest rates, increasing construction costs exacerbate the housing shortage.
expenses of families on housing and heating exceed 50% of their monthly income in some provinces.
as pressure on Rents have increased tremendously in recent months with Immigration from Ukraine, those who are looking for Apartments for Rent in big Cities such as the German capital, Berlin, need should be ready for prolonged stress test.
In many European cities, from Berlin to London, families see buying house as “impossible”.
Germany
in Germany that has population of 84 million, about 700,000 new Accommodations are needed to relieve pressure on the real Property market.
Housing shortage in country in highest level in 20 years because rising Construction costs, high interest rates, and downflow of refugees.
According to experts, construction investments are less attractive in Many areas and sharps in Construction prices and interest rates in Recent months have negatively affected many construction projects, resulting in the housing shortage reaching its limits highest level in 20 years.
the arrival of Ukrainians to Germany, after start of Moscow-Kyiv war on February 24, 2022 caused In addition demand for 200 thousand housing units.
in Berlin State government Hold a referendum to confiscate thousands of homes from real Real estate companies because of the protests against Rent increase. about 56.4% of Voters said “yes” to expropriation of more More than 240,000 apartments.
companies own over 550,000 dwellings worth 100 billion euros in Germany where half of the population spirits on rent.
Average rents in The capital, Berlin, increased by over 100% since 2010, while new Apartments are rented for At least 26 euros per square metre.
Austria
In the Austrian capital, Vienna, where rents have risen sharply due to of the increase in Living demandrent cost per square metre for Apartment prices range from 17 to 20 euros.
While many arrivals are low live in State subsidized council housing in Vienna, Recordings for These condominiums with Increasingly long wait times increased by 26% in the last Three years.
Denmark
Denmark has modified its laws to make them more difficult for Institutional investors to dramatically increase rents when buying real estate, instead government The so-called “Blackstone Act” passed three years ago, which aims to curb rising rents.
United State real Real estate giant Blackstone has bought dozens of thousands of Apartments in Denmark in In previous years, while tenants complained about its lack of Reforms and heavy rent increase of over 100%.
the group also Try to convince the tenants to end the lease by paying severance pay.
The Blackstone Act now prohibits landlords from increasing rent for Five years after purchase property.
Law has been celebrated as a “landmark” against Exorbitant rental costs in Denmark, while Blackstone said the company manufactures up only 0.5% of Rent Copenhagen market.
despite this moveunder housing in the city It didn’t go away.
Share in Denmark for Affordable housing also striped, and 25% of Apartments in new It is planned to rent the premises at reasonable rates.
France
Rent is the most important monthly expense of French people.
Increase in housing prices in The capital, Paris, has pushed low- and middle-income families to the suburbs over Over the years, making it difficult to find rented accommodation.
Published report on 1 February by the France-based charity Abbe Pierre revealed that A of 2022, 4.15 million people in country was struggling with Living problems or live in Inhumane conditions.
According to the report, the number of homeless people in France increased to 300,000 and this rate increased by 140% in 10 years.
French President Elisabeth Bourne said last the week you want easier for All citizens access Living in Areas in short supply through financing facilities, even with 0% interest rate.
Holland
Housing shortage in Cities such as Amsterdam, Utrecht, The Hague and Rotterdam continue, which receive the most immigrants and are populated by students and tourists.
the government’s inability To meet the growing housing needs causes all protest year.
In Amsterdam, where there were widespread protests made against housing restriction, and demand for Room rents have increased rapidly, especially after the COVID-19 pandemic.
rent for room in the city About 800-900 euros.
United kingdom
in the UK, one of the countries with the highest Housing restrictions and rent increases in Europe, average rent of a house by 9.4% in the first quarter of This year, to reach 1,190 pounds ($1,494).
According to data from the British online real Rightmove Real Estate Company Average rent in The capital is London hit an all-time high of £2,501 a month, up 14% over same period.
the number of Houses for rent in United kingdom real Property market is 46% below 2019 level.
Spain
In Spain , government seeks to take measures against growing housing problem all yearIntervention in Rent increase for the first time in democracy in the country history.
According to the approved housing law in the parliamentThe rent increase will be limited to 2%. in 2023 and 3% in 2024 instead of economic inflation.
In addition, property taxes for housing that was vacant for more percentage of two years up to 150%.
Prime Minister Pedro Sanchez also promised to do so build a total of 113,000 homes in Three separate projects for Affordable rental for young people and families in financial difficulties.
housing problem in Spain experienced in the cities of Madrid and Barcelona, who host highest number of immigrants, students and tourists.
It just counts one The room rent is between 500-600 euros in These cities and demand for Room rents increased by 40% compared to last year.
Greece
With the economic crisis in Greece after 2009 is serious decrease noticed in real Real estate sale prices and rents in 2010s, but this situation has been reversed in Last few years.
the increase in rental prices in Country in the last Five years have exceeded 30% and this increase will continue in 2023 and it will be between 3% and 7%.
short-term The lease method is seen as one of the reasons for the increase in rental prices in Greece.
especially in Crisis period, short-term Leasing of homes for Tourism items that are bought cheaply from the central regions and especially the capital, Athens, and refurbished, causes a decrease in width and increase in rentals.