EU to loosen ‘strict’ state aid rules to boost affordable housing supply, Commissioner says

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  1. >“Some might question why the EU even has a say on what goes on in a member state. But this is because of the internal market. It makes sense that we have rules for what you can support and not support.”

    Isn’t that dumb, shouldn’t EU rules focus on anti-competitive national industrial strategy instead of restricting housing?

    >The so-called “financialisation of the sector” will also take centre stage in Brussels’ plans to tackle the housing crisis, the European Commissioner said. “There’s a lot of speculation, and housing is considered by many investors as a commodity”.

    >“I don’t mind people making money, but we also have to acknowledge that when that is the case, then maybe the investments that are being made don’t necessarily lead to the best result for society as a whole,” Jørgensen concluded.

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