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

Tabled by Maria Ohisalo

Added: 48a. Denounces the fact that financialisation and a speculation-driven housing sector is undermining young people’s ability to afford stable, sustainable and decent homes, contributing massively to a debilitating sense of financial insecurity; condemns the fact that skyrocketing rent prices and poor tenant protection laws have made rental housing unaffordable and insecure for many young people, exposing them to poor living conditions, eviction and exploitation; acknowledges the need to ensure enhanced access to mortgages for young people with weaker financial backgrounds through, inter alia, more effective and robust public guarantee schemes; stresses that young people’s access to affordable, sustainable and decent housing should not be limited to homeownership, but should also include social and affordable housing, cost-rental schemes, cooperative housing, and other secure rental options;

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