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Euronews
Euronews
Vincenzo Genovese

EU to revise state aid rules to address bloc-wide housing crisis

The European Commission has presented its first European Affordable Housing Plan, which includes measures to reduce home prices to address a housing crisis taking hold across the bloc.

The plan, released on Tuesday, focuses on increasing housing supply and triggering investments by relaxing the rules on state aid to allow more social spending on the sector. It also heralds new investment in student and social housing and promises an upcoming legislation on short-term rentals.

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