Luxembourg has unveiled seven measures to restart residential construction, including €300 million for state purchases, higher buyer support and new tax incentives. Most elements still require legislation and will be monitored for price effects.
Fondation IDEA, the think-tank created by Luxembourg's Chamber of Commerce, argues the housing shortage should no longer be called a "crisis." In Décryptage No. 54, economist Michel-Edouard Ruben calls it a "perma-crisis" — an "established disorder" of scarce supply and high prices. IDEA has pressed four structural fixes as completions lag the government's 6,000-homes-a-year target.
Luxembourg will introduce RENLA, a national affordable-housing register via MyGuichet, while also clarifying rent subsidies and individual housing aid rules.