Rental prices in Europe are increasingly high. According to a Eurostat study, the average price for an unfurnished one-bedroom flat in the cities of London, Geneva and Dublin exceeds €2000. Eastern European cities generally have the lowest rental costs, such as in Skopje (€250), Pristina (€310) or Ankara (€410).
Do you think that Europe has already reached a housing crisis? And if so, how do you think we can get out of this situation?
Source: Eurostat
I worked in Lisbon for a while. Salary after tax was 700 EUR and a (very tiny shared) room was provided but I couldn’t afford my own place. Now I’m in Prague and although I live very, very small, at least rent is “only” half of after-tax salary.
So more of a crisis in one place than another, but it would’ve been nice if something more than just a one-bedroom apartment would still be achieveable.