On January 27, the Greens / EFA group at the European Parliament released a report titled, “My home is an asset class“. The Financialization of Housing in Europe, authored by researchers Daniela Gabor and Sebastian Kohl.
The report pays close attention to the role of institutional or corporate landlords – the subject for the large Arena-coordinated collaborative investigation ‘Cities for Rent’. It quotes data and two articles from the investigation, from Der Tagesspiegel and the Dublin Inquirer respectively.
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Everyone needs a home, and high demand for rental flats across European cities has contributed to make housing a very attractive investment. The total investment into residential real estate in Europe increased more than 700 per cent between 2009 and 2020, from 7.9 to 66.9 billion euros, according to data by Real Capital Analytics.