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

By Khalid ElFayoumi, Izabela Karpowicz, Jenny Lee, Marina Marinkov, Aiko Mineshima, Jorge Salas, Andreas Tudyka, Andrea Schaechter

May 24, 2021

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Khalid ElFayoumi, Izabela Karpowicz, Jenny Lee, Marina Marinkov, Aiko Mineshima, Jorge Salas, Andreas Tudyka, and Andrea Schaechter. Affordable Rental Housing: Making It Part of Europe’s Recovery, (USA: International Monetary Fund, 2021) accessed November 13, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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.

Subject: Disposable income, Housing, Housing prices, Income, Income inequality, National accounts, Political economy, Poverty, Prices

Keywords: Affordability issue, Disposable income, Europe, Europe, Global, Housing, Housing affordability, Housing prices, Income, Income distribution, Income inequality, Low-income housing, Low-income tenants, Rental cost, Rental housing, Rental housing affordability, Rental market, Rental market policies, Rental price, Social inclusion

Publication Details

Pages:

97
Volume:

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DOI:

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Issue:

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Series:

Departmental Paper No 2021/013
Stock No:

ARHMIPEREA
ISBN:

9781513570204
ISSN:

2616-5333

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