RISING HOUSING PRICES – Consequences could be catastrophic for younger generations

The Secretary General of the Fondation Robert Krieps Max Leners has expressed his shock at the dramatic rise in housing prices.

The data published by Statec is clear: housing prices increased by 16.7 percent within one year. To illustrate this increase, a property worth one million euros today will cost more than 4.5 million euros in ten years. The secretary general Leners was shocked by this development and expressed his concerns for his and future generations.

RTL Today, 12.04.2021

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