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Press release following UEPC meetings in Berlin, 10-12 May 2017

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Press release following UEPC meetings in Berlin, 10-12 May 2017

EUROPEAN HOUSE BUILDERS AND DEVELOPERS DEPLORE SHORTAGE OF HOUSING AT A TIME OF GROWING CONSUMER NEED FOR AFFORDABLE HOUSING

BRUSSELS, 15 May 2017: The European Union of House Builders and Developers, UEPC, meeting in Berlin on 10-12 May, unveiled startling statistics that show conclusively that there is a shortage of housing across European markets at a time of growing consumer need for affordable housing.

Terry Roydon, UEPC President, commented:

“Citizens all around Europe are suffering from lack of supply of affordable housing. This is driving up prices to consumers, who are continuing to feel the effects of long lasting austerity policies and sluggish growth in Europe. Home builders and developers in Europe are ready to supply affordable housing to European citizens. However, their fight faces unnecessary legal and burdensome challenges at European and national level.” 

A shortage of land capable of being developed, increasing regulatory barriers and complexity and difficulties in obtaining building permits are all having a significant adverse effect on European citizens being able to build the strong and secure lives for themselves and their families that they have a right to expect and want.

Measures designed to promote energy efficiency are laudable and very important in seeking to meet global climate change targets. But it is vitally important to strike the right balance between the additional costs of increased energy efficiency and giving European consumers a roof over their heads.

Full press release can be found here