US Edition11 concrete steps to fix the housing crisis
- The Partit Nazzjonalista proposed initiatives on May 15, 2025, to help first-time buyers in Malta access housing more affordably.
- These proposals address the sharp increase in property values over the past decade, which have more than doubled—from an average price of €150,000 in 2013 to approximately €337,500 in 2024—far outpacing wage growth and reducing housing affordability.
- Key initiatives involve eliminating or reducing taxes on property values up to €200,000 for qualifying purchasers, increasing financial support through grants including a €25,000 subsidy, establishing affordable housing areas, and partnering with banks to offer improved loan conditions.
- The average property price rise of 125% contrasts with minimum wage growth of only 35%, compelling PN to stress urgent housing policy centered on people to reduce financial pressure on families.
- These initiatives aim to improve home ownership accessibility and alleviate market pressures, which may ease challenges faced by young people and families priced out of the market.
18 Articles
18 Articles
Housing Crisis: 15 Hard Hit European Cities Call on EU to Secure Funding
A "Alliance of Mayors for Housing", launched by Barcelona and bringing together Rome, Paris, Budapest and Athens, presented a €80 billion plan to the European Commission on Thursday 15 May. The aim is to increase the supply of social and affordable housing and to support energy renewal.
11 concrete steps to fix the housing crisis
Progressive leaders across Europe urge action to tackle the housing crisis. Led by the Mayor of Barcelona, Jaume Collboni, the plan includes eleven proposals to ensure affordable, decent homes and tackle speculation, inequality and homelessness.
Barcelona and Other Cities Propose a European Fund to Mobilize 300 Billion Annually in the Face of the Housing Crisis
The mayor of Barcelona, Jaume Collboni, presented this Thursday in Brussels the European Housing Action Plan drawn up by the alliance of large European cities, and he accompanied it by the vice-president of the European Commission Teresa Ribera and the Commissioner of the field, Dan Jorgensen. The alliance of European cities Mayors for Housing, which has 16 members after the incorporation of Dublin, has put on the table a document in which he pr…
Jaume Collboni alerts the Committee of the Regions that the European housing crisis “affects the middle classes”
The mayor of Barcelona, Jaume Collboni, spoke this Wednesday in Brussels before the Committee of the Regions to defend an opinion that warns of the social transversality of the housing crisis and claims the role of the cities in its solution. “Europe faces a social crisis of housing never seen, that not only impact the basic right to have home of the most vulnerable, but that it is transversal and affects millions of working families and the wor…
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