Housing
Europe’s red tape puts €82 billion worth of housing investment at risk
Housing has become a thorny political issue for Europe, with struggles to find affordable living space contributing to social tensions and voter frustration
As housing shortages cause rents to surge in major European cities, investors are queueing up to pour cash into new homes only to be thwarted by a bewildering array of hurdles.
With office and retail real estate suffering from remote-working and online-shopping trends, property investors have earmarked an additional €82 billion for residential projects in Europe through 2025, according to a Savills survey. But the quagmire of rules, regulations and red tape is standing in their way.
“There ...
