On March 10th, MEPs voted 367 to 166 in favour of recommendations from the Special Committee on the Housing Crisis. The report is not legally binding, but it is the first time Europe has created a housing roadmap for the whole bloc.
The numbers show the scale of the problem. Europe is short about 10 million homes. Rents have gone up by more than 30 percent across the EU. The European Investment Bank says the EU needed 2.25 million more homes in 2025 alone, which is 50% more than are being built now.
