Average European Wages No Longer Cover Standard Housing Costs

A new academic study reveals that 70% of Europeans cannot afford a 75-square-meter apartment even with a 30-year mortgage, underscoring severe affordability crises across both ownership and rental markets.

3 Sept, 12:23 — 3 Sept, 12:23

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EL PAISMostly Factual14h ago

Average wages no longer buy a standard-size home in most of Europe

Seventy percent of Europeans live in areas where even a 30-year mortgage will not get you a 75 square meter apartment, according to an academic study. And the findings are equally discouraging for the rental market

By Denisse López

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Average European Wages No Longer Cover Standard Housing Costs

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Average wages no longer buy a standard-size home in most of Europe

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