Ive been saying this since I was what, 6 years old, riding around seeing tons and tons of empty buildings like huh, we should fucking utilize what we have.
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In germamy its the same. For 2022 there were 262.600 homeless vs. 1.900.000 empty apartments
Hard to find actual numbers for empty flats but homelessnes has risen to over 500.000 in 2025. If empty flats would not be used solely for trading and are leaved empty to fuel the rents, there would be no need for anyone to sleep on the streets.
Homelessness is intended in capitalism. People have to fear it.
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How about the offices that are moving to work from home?
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"Build more luxury flats" isn't actually a bad answer either, since any increase in supply (even luxury) applies downward pressure on the price of the existing stock. They should do both.
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By "use" you mean "steal" or what?
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Specialization of development says no. But it's been saying that repeatedly and no one seems to get it.
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In my neighborhood, you can buy a 120m2 row house for a 1mio€. And it’s not even an expensive place. The market value of our house has quadrupled in the last ten years.
That’s putting families in eternal debt and completely unsustainable. Now way you can pay that off without inheritance or being well off.
In my country housing supply still hasn't recovered from 2008 while population increased. So it is supply&demand thing like all the economists are saying. Is there any eurostat statistics for housing developmemt across EU?
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What about, and hear me out. Give incentives to investors to turn buildings we already have into luxury flats.
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