
What will be the impact of the Green Deal on the housing crisis?

What will be the impact of the Green Deal on the housing crisis?
FIEC, in response to the EU Green Deal, urges institutions to halt new "green" legislation and assess the Green Deal's implications on housebuilding. With most proposals adopted, the legislation on carbon pricing, renewable energy, and circular economy poses challenges for member states facing a housing crisis and high construction costs. The Green Deal implementation compounds economic difficulties, heightened by geopolitical tensions, inflation, and decreased building permits.
Germany and France are experiencing severe housing shortages, worsened by policy delays and environmental regulations. FIEC highlights the need to transition from proposing new legislation to Green Deal implementation, urging careful analysis of its impact on construction costs.