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One-third of homes on the islands this year were sold to nationals of other countries, many of whom are non-residents
This was one of the more creative and unusual ideas set to take shape as a result of the second participatory budget initiative in the city
The local authorities are taking the bold step as a way to declutter the urban streets from delivery traffic
The law also requires restaurants to display their staff tip-sharing policy so that customers can understand it
The EDMO hubs work to connect fact-checkers, academia and the media, as well as boost local media literacy
Ireland is currently going through a major rental housing crisis
The contest that measures the creative achievements of European cities also had a more human dimension, with recognition going to 6 women innovators
The Estonian city is preparing for its upcoming European Green Capital year in style
The sixth European Digital Citizens seminar brought together the best practices from Varna, Hamburg, Genoa, Marseille, Cluj-Napoca and Rotterdam on how to tackle the digital divide present in the countryside
Users can now get an overview of the state of the output in the country and receive a warning to reduce consumption and avoid power cuts
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
Users can now get an overview of the state of the output in the country and receive a warning to reduce consumption and avoid power cuts
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Pre-bookings are already available for the luxury train rides across the bel paese
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
The promotion of democracy couldn’t have been possible without the lustration of public spaces
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Pre-bookings are already available for the luxury train rides across the bel paese
The Estonian capital was praised for its unique sport urban planning design
Faux or fact? Now, it’s up to you to shine the light on the truth
Ireland is currently going through a major rental housing crisis
It will aid them in collecting data about the incidents that can be used in court
Eurostat study shows the rise of housing prices across the EU
In the last year, housing prices across the EU have gone up, however, Luxemburg tops the chart. This was made evident by a report from Eurostat, published on Thursday, 8 June 2021.
Prices increased by an average of 6.1% across the bloc, compared with the beginning of 2020 – the steepest annual increase since 2007. Meanwhile, the prices in Luxembourg have gone up by a whopping 17% compared to last year, a jump of 12 percentage points higher than the EU average.
Denmark saw the second-highest rise at 15%, followed by Lithuania and the Czech Republic at 12% and the Netherlands at 11%. The only country where prices fell was Cyprus, at -6%.
Housing deflation is another big problem in Europe in general. This term refers to a disbalance between inflation in a given country’s market overall and the housing prices.
In fact, for the first time in at least 20 years, housing prices increased more than the inflation across the board in the European Union. Here Luxembourg “shines” with the difference between prices and inflation sitting at more than 13%. For comparison, the runner-ups – Croatia and Portugal, sit at a humble 7.4%, and Slovakia at 7.2%.
Deflated housing prices by a member state in the European Union, 8 July 2021, Source: Santosv on Eurostat
Despite multiple efforts to provide affordable housing and combat the crisis, this trend does not board well for the EU housing market of tomorrow.
Over 70,000 Luxembourgers have left the Grand Duchy to live in Belgium, Germany and France, with the latter being the most popular destination, welcoming 28,000 “housing refugees”.
This is not a major surprise, considering that Luxembourg is famous for its eye-watering housing prices. Recently, according to another Eurostat publication, Luxembourg’s housing costs were determined to be a staggering 70% more expensive than the EU average.
According to Statec, the Luxembourg statistical agency, the average price of a house in the city is 1,35 million euros. Of course, the price goes down in the surrounding countryside, but the national average sits at about 900,000 euros.
Whether or not this unsustainable trend keeps on going remains to be seen.
For more information on what European cities are doing to fight the housing crisis, follow us on Facebook, Twitter and Instagram.
The sixth European Digital Citizens seminar brought together the best practices from Varna, Hamburg, Genoa, Marseille, Cluj-Napoca and Rotterdam on how to tackle the digital divide present in the countryside
The local authorities are taking the bold step as a way to declutter the urban streets from delivery traffic
One-third of homes on the islands this year were sold to nationals of other countries, many of whom are non-residents
Even more incredibly, it will be free of charge, but it goes without saying, availability is limited
According to Justice Senator Lena Kreck, internet access to the internet is a point of rehabilitation
The contest that measures the creative achievements of European cities also had a more human dimension, with recognition going to 6 women innovators
The new vessel was produced in Estonia, and it will transfer both pedestrians and bikes
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Even more incredibly, it will be free of charge, but it goes without saying, availability is limited
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
The promotion of democracy couldn’t have been possible without the lustration of public spaces
This initiative seeks to integrate the values of the New European Bauhaus into the European Commission’s 100 Cities Mission
These will be spread across 11 EU countries and will serve to support the EU Missions
The European Commission has accepted to develop the idea
Veni Markovski’s take on dealing with disinformation in the European Union's poorest country – Bulgaria
A conversation with the mayor of Utrecht on the occasion of her mission to COP27
A conversation with the President of the European Committee of the Regions, about energy, climate change and the underrated importance of cohesion policy
