The European Union has adopted an affordable housing plan and appointed a housing commissioner to address the growing housing crisis in Europe. Since 2013, house prices and rents have skyrocketed, leading to a shortage of affordable housing options. The EU aims to make housing more accessible to its citizens.

Since 2013, house purchase and rental prices have soared across Europe. With rents skyrocketing, rental supply shrinking and properties being diverted towards short-term holiday lets, the European Union has just adopted an affordable housing plan and appointed a housing commissioner to address the issue.