Lessons from Germany and Spain about affordable housing
Lessons from Germany and Spain about affordable housing
Across Europe, the housing crisis persists beyond the UK, prompting innovative solutions. Germany and Spain, at MIPIM event, unveiled strategies to tackle affordability challenges. Germany has relaxed regulations, repurposed office spaces, and injected €18bn for affordable housing. Hanover, for example, incentivises innovation in urban development.
Spain pledges 24,000 affordable homes, utilising military land and a £4bn loan program. Embracing co-living, Spain adapts to evolving preferences. Collaboration and understanding are highlighted as keys to a brighter future. In contrast, England's centralised approach limits regional autonomy in housing solutions. Liverpool City Region advocates for sustainable settlements to meet housing demands and foster economic growth.