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![Affordable housing in Europe is an elusive dream Affordable housing in Europe is an elusive dream](/media/housing europe.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
According to Eurostat data, Greece ranks first in the share of housing costs on disposable income. At 10.6% of the population Europeans pay more than 40% of their income for housing.
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![House prices in Greece close to hit their 2008 highs House prices in Greece close to hit their 2008 highs](/media/blog/POLYKATOIKIA_NEOS KOSMOS.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Important factors of uncertainty are geopolitical instability, increased inflation, high construction costs, and the deterioration of household purchasing power