REPORT on the housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

Tabled by Leila Chaibi, Irene Montero, Ilaria Salis, Martin Schirdewan, Estrella Galán, Giorgos Georgiou, João Oliveira, Lynn Boylan, Catarina Martins

… assessment of how tax incentives at national level affect the housing market; Added: considers that taxation, rent regulation and other instruments for guaranteeing affordability are legitimate and necessary tools to ensure the right to housing; recalls that EU economic governance and competition policy must not prevent the adoption of such measures when they pursue social objectives and protect vulnerable groups; asks the Member States to include fiscal deterrence in their strategy to increase housing supply; underlines that fiscal policies should serve social inclusion; considers that the OECD’s … the Member States to establish fiscal incentives for housing renovation and new Removed: construction; calls, following a comprehensive impact assessment, for a reform of the VAT Directive48 that could allow for the application of a super-reduced value added tax rate to the supply and construction of housing, Added: public and social housing construction, as part of a social policy, as defined by the Member States, … with the EU’s objectives and prioritise support for low- and middle-income households; Removed: 48 Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (OJ L 347, 11.12.2006, p. 1, ELI: http://data.europa.eu/eli/dir/2006/112/oj).

Wording as published by the EP, in English. PE782.973v01-00