EU Set To Unveil Housing Package As Fiscal Rules Face Relaxation

The proposals target short-term lettings and streamline construction rules.

The European Commission is set to reveal a package of measures to tackle Europe’s housing crisis.

Draft proposals suggest EU fiscal rules could be relaxed to allow greater public spending on affordable housing. 

The measures are expected to address the impact of short-term rentals and reduce administrative burdens in construction.

650,000 new homes are needed annually to offset rising costs and supply chain disruptions.

Midlands MEP Offaly's Barry Cowen says, it's a realistic gain for Ireland:  

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