The European Commission will propose new housing rules that would give national and local authorities clearer rules for restricting short-term holiday rentals and the purchase of homes or land that are not used as someone’s main home, according to a document seen by Euronews.
The prospect of a tougher crackdown comes as prices have skyrocketed faster than local incomes across most European capitals, rising 64.9% between 2015 and 2025 and rents 21.8%, according to EU data.
Even people who cannot afford to buy are facing rising rents, which consume 40% of household income, and middle-class families are also increasingly facing a reality where…
Read the full article at EURONEWS.COM
