Affordable Rental Housing: Making It Part of Europe’s Recovery

Author: Khalid ElFayoumi, Ms. Izabela Karpowicz, Ms. Jenny Lee, Ms. Marina Marinkov, Ms. Aiko Mineshima, Jorge Salas, Andreas Tudyka, and Ms. Andrea Schaechter

This departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened.

Volume/Issue: Volume 2021 Issue 013

Publication date: May 2021

ISBN: 9781513570204

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Economics / General , International - Economics , Europe , Rental housing , Rental market policies , Housing affordability , Social inclusion , Low-income housing , Low-income tenants , Income distribution , rental housing affordability , affordability issue , rental market , rental cost , rental price , Housing , Income , Housing prices , Disposable income , Income inequality , Europe , Global

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Summary

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.