The imbalance between supply and demand in the residential sector in large cities is causing housing prices to increase faster than household incomes.
This gap is causing many young people to rent housing for a longer time than previous generations, making it more difficult for them to buy their first home.
According to Colliers, a total of €60.7 billion was earmarked for residential investment in Europe in 2020, increasing 18% compared to the average for the last five years. In addition, it is expected that 30% of investment in the real estate sector will be allocated to the residential market in the next five years.
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