[Statement] The European Union’s Affordable Housing Plan is a tool for opening up social housing and affordable housing to the financialized markets

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Europe is facing a housing crisis not because there are too few homes, but because housing has been transformed into an asset designed to accommodate the profit-seeking activities of an expanding range of actors – from private construction companies and institutional infrastructure owners to rentiers of all sizes – at the expense of the social majority. Rents and housing prices are rising exponentially faster …

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