Across Europe, a generation is being quietly locked out of the housing market. Millennials and Generation Z, people in their twenties and thirties are working, studying, saving, and yet, for many of them, owning a home has become an impossible dream.

Housing is recognised as a fundamental human right. Article 25 of the Universal Declaration of Human Rights affirms everyone’s right to adequate living standards, including housing.The European Pillar of Social Rights, adopted by the European Union in 2017, reaffirms this principle. But across the EU that right is increasingly out of reach, especially for younger generations.

Over the last decade, according to data from Eurostat, house prices in the EU have increased by almost 50%, while real wages have risen by less than half of that. The result is a widening gap between what people earn and what a home costs. And that gap has created what Eurofound calls a “generation-wide affordability divide.” So, what’s behind it and what does this say about the kind of Europe we’re building?

Join us on our journey through the events that shape the European continent and the European Union.

Production: By Europod, in co production with Sphera Network.

Follow us on:

• LinkedIn
• Instagram

Hosted on Acast. See acast.com/privacy for more information.