Europe

Europe is in a housing crisis: since 2010, average house sale prices in the EU have risen by 55.4% and rents by 26.7%, outpacing income growth for many groups. At the end of 2025, the European Commission estimated that the average overvaluation of housing prices in Portugal is around 25% above fair value, “surpassing other property markets” in the bloc. This is hitting young people particularly hard, especially those between the ages of 18 and 29, as they are more likely to fall behind on paying for housing and utilities, according to a recent report by Eurofound, a foundation which…

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