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US dollar56.03EGPEuro62.56EGPBritish pound75.00EGPSaudi riyal14.94EGPUAE dirham15.26EGPKuwaiti dinar180.24EGPJordanian dinar79.02EGPQatari riyal15.39EGPTurkish lira1.12EGPChinese yuan8.40EGPGold 246,982.75EGP/gGold 216,109.91EGP/gGold 185,237.06EGP/gSilver88.72EGP/g
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Europe

A broken housing market is driving inequality right across Europe – and fuelling the far right | Kirsty Major

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From Lisbon to Amsterdam, housing policy has led to haves and have-nots. But, as our new series uncovers, it doesn’t have to be this way

Housing is as personal an issue as it gets. Homes are where we take refuge from the outside world, express ourselves, build relationships and families. To buy or rent a house is to project your aspirations and dreams on to bricks and mortar – can we see ourselves sitting outside in the sunshine on that patio? It can also be a deeply frustrating process – can we afford that house? For more and more of us, the answer is no.

Experienced at such an individual level, it’s easy to think that rising costs are a problem particular to your community, city or country. But unaffordable house prices and rents are a continent-wide issue. According to the European Parliament, from 2015 to 2023, in absolute terms, house prices in the EU rose by just under 50% on average. From 2010 to 2022, rents rose by 18%.

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المصدر: The Guardian — Commentisfree

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