Tackling Europe’s housing shortage: effective strategies?

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A drop in the ocean

La Vanguardia calls for a broader range of government initiatives:

“The housing crisis in Spain is so severe that even the most significant measures seem inadequate. The new National Housing Plan 2026–2030 will mobilise 7 billion euros of investment in housing construction – triple the amount in the previous plan. … No one claims there is an easy fix for Spain’s housing crisis. While this plan is a step towards a solution, further measures may be required. As highlighted by housing sector stakeholders, there is a need to increase supply in the areas with the greatest demand, strengthen legal certainty in the construction and rental sectors, and secure a national agreement to release land for development.”

Eight years of failed policy

El Mundo takes the government to task:

“After eight years in power, the interventionism which is characteristic of the Sánchez government has exacerbated a problem that causes anxiety for thousands of individuals and families. … Housing is now one of the main sources of worry for Spaniards and also one of the key causes of inequality. … There is an estimated shortfall of 730,000 homes, and this can only be resolved by promoting public-private collaboration. … The structural changes our country has undergone – from population growth driven by immigration to the growing number of single-person households – require greater efforts from the state and a focus on technical criteria.”

Homes as an investment is the problem

The Spanish state has failed in this regard, comments economist Alejandro Inurrieta on eldiario.es:

“All the [public] initiatives have failed to achieve their objective of facilitating access to affordable housing for large sections of the population, such as young people and vulnerable families. The stock of public rental accomodation remains very low at just under 1.6 percent of all primary residences. … One pending task for Spain is to start treating housing as a personal-use asset rather than as a commodity. … The use of residential properties as commodities has prevailed, as many people who make a living from letting their properties readily admit in private. And many of them are sitting in Congress, in regional parliaments and even in the cabinet.”

No silver bullet but better than nothing

Given the acute housing shortage, the Irish Independent says creative emergency solutions should be welcomed:

“The so-called beds in sheds proposal will not be a silver bullet, but the willingness to consider unconventional solutions and to think outside the box – or the unit – is at least refreshing. … The ESRI [Economic and Social Research Institute] recently projected that housing completions will sit in the mid-30,000s this year and next. Construction would need to accelerate at unprecedented levels to approach the 50,000 homes required each year to meet demand.”

Not just about units and numbers

Allowing properties such as garden sheds to be rented out is a step towards chaos, writes Labour politician Connor Sheehan in the Irish Examiner:

“No clarity on minimum space. No guarantees on safety standards. No certainty around tenancy rights. … That is not a housing solution. It is a recipe for exploitation. … It suggests that in the face of crisis, the answer yet again is to dilute standards. Housing is not just about units and numbers. It is about dignity, safety, and security. It is about whether people have a place they can genuinely call home. … Rushing through flawed proposals may create the illusion of action, but it will only deepen the problems we are trying to solve.”

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