Europe’s housing costs akin to ‘new pandemic’, warns Barcelona mayor

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Barcelona's mayor, along with 16 other European city leaders representing over 20 million people, is urging the EU to address the soaring cost of housing, which they describe as a "new pandemic." They are calling for the EU to launch an affordable housing fund, similar to the NextGenerationEU program, to mobilize at least €300 billion annually in public and private investment. This call comes as the EU prepares to present its first housing plan on Tuesday, following consultations with experts and the public. The mayors argue that rising property and rental costs, which have increased significantly since 2010, are creating inequality and straining social structures across Europe. They want a seat at the decision-making table to share their local experience and contribute to solutions.
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