Property market
Housing crisis
Structural imbalance between housing demand and available, affordable, quality supply.
Full definition
The housing crisis in Belgium manifests as increasing difficulty in accessing homeownership and decent housing for a significant portion of the population. Causes include: price increases exceeding income growth, shortage of social housing, increasingly strict energy standards, and scarcity of building land.
Related terms
Housing bubble
Excessive and unsustainable rise in property prices disconnected from economic fundamentals.
Supply and demand
Balance between the number of properties available for sale and the number of potential buyers.
Urban densification
Planning strategy aimed at increasing the number of dwellings in already urbanized areas.
Useful links
FAQ
Structural imbalance between housing demand and available, affordable, quality supply.