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Keywords: Housing crisis


Spain’s housing market: Luxury homes outpace affordable rentals

More million-euro properties than low-cost rentals Spain’s housing market is marked by a glaring imbalance, with more luxury homes priced over €1 million than rental properties available for under €1,000. According to data from the property portal Idealista, there are currently 43,707......

Amsterdam nightclub scheme sparks debate between heritage and housing needs

Amsterdam, known for its vibrant alternative nightlife, is currently at the center of a heated debate following plans to build a new multi-storey building housing a nightclub, café, and apartments. This project, called the Institute for Night Culture (INC), has been approved by the Netherlands’......

Spain’s coastal housing crisis: Over 86,000 homes built on illegal land

A recent study by Newtral has revealed that 86,426 coastal homes in Spain are built within the Maritime-Terrestrial Public Domain (DPMT), land protected under Spain’s 1988 coastal law. These properties, while inhabited, are technically illegal and face strict restrictions, including potential demolition. The......

Valencia mayor under fire for prioritizing digital nomads amid housing crisis

Valencia’s mayor, María José Catalá, is facing criticism for allocating €112,000 of public funds to attract digital nomads despite evidence linking their presence to rising housing costs. Critics argue that this policy exacerbates the housing crisis already affecting locals. Ferran......

Spain’s rental market crisis: where did 150,000 homes go?

A staggering 150,000 residential properties have vanished from Spain’s long-term rental market since 2023, leaving many Spaniards struggling to find affordable housing. Experts suggest the controversial Housing Law, combined with landlords’ pursuit of higher profits and legal uncertainties,......

Protests erupt in Barcelona and Mallorca against over-tourism, housing crisis

Thousands gathered in Barcelona and Mallorca on Sunday to voice their discontent with over-tourism and its impact on housing affordability and cultural identity. The demonstrations, organized under the SET alliance (Southern Europe against Overtourism), highlighted growing frustration in popular tourist......

Egypt's rental crisis: the end of frozen rents sparks concern for tenants

In a turbulent economic climate, Egypt's rental market is facing a monumental shift as decades-old rent control policies near their end. Since 2021, the Egyptian pound has plummeted by 70% against the dollar, with inflation soaring to a staggering 40%. These conditions have rendered the rental market......

Understanding Socimis and their role in Spain's housing crisis

Real estate investment trusts (Socimis) are increasingly at the center of Spain's housing debate, especially as the government implements new tax measures aimed at addressing the worsening housing crisis. While many may not be familiar with Socimis, they play a significant role in the property market,......

Spain's controversial 100 percent property tax on foreign buyers

Recent developments in Spain have sparked concern among potential foreign property buyers as the government advances plans to impose a staggering 100 percent tax on certain overseas home purchases. This proposal, aimed at addressing the nation’s escalating housing crisis, raises critical questions......