Housing affordability
Housing supply, rents, mortgage costs and access to a home.
‘We are suffocating’: protests spread to Lisbon and Milan as housing and living cost tensions intensify
The Guardian
Hundreds at Lisbon tent camp demand action, as Giorgia Meloni says march in Italy was exploited by ‘hooligans’ The angry protests that have convulsed Spain and France in recent weeks have spilled over to Italy and Portugal, with rioters clashing with police and setting property on fire in Milan, and a tent encampment springing up in Lisbon over the weekend. A march in central Milan on Saturday to protest against rising living costs began peacefully but ended with masked rioters throwing stones,
Why is Spain facing a housing crisis? | Explained
The Hindu
How are tourism and investment funds worsening the crisis? Why is Spain struggling to provide affordable housing? How has the housing crisis affected Sánchez’s government? What measures has the government proposed to tackle the crisis? What is at stake in Spain’s snap election?
Meet the home buyers totally unfazed by 7% mortgage rates
MarketWatch
Individual investors and second-home buyers accounted for 1 in 5 home purchases in September — the highest share in a little over a year.
Housing Crisis, Inflation Worries, Midterms Loom
Bloomberg
Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests: Wells Fargo Chief Economist Tom Porcelli, Miller Samuel Co-Founder Jonathan Miller, and Brown Harris Stevens CEO Bess Freedman. (Source: Bloomberg)
Housing starts stall as CMHC warns affordability gains at risk
Toronto Sun
"A key risk for Canada now is not building enough during this period of softening housing markets across the country," said CMHC economist Aled ab Iorwerth
Spain’s Prime Minister calls early election after housing crisis defeat
The Hindu
The defeat infuriated those protesting the country’s increasingly expensive housing market and underscored the difficulties his minority coalition government faces in passing legislation
Seoul city blames ex-mayor's policies for weak long-term housing supply
The Korea Times
The Seoul city government on Friday blamed policies pursued under late former Mayor Park Won-soon for weakening the foundation for long-term housing supply in the capital. The municipality made the assessment in a report analyzing the city's housing policies over the past 20 years, as recent shortages in the capital have contributed to sharply rising home prices. The report said that between 2012 and 2020, while the late Park served as mayor, 389 of the 683 areas designated for city improvement