Recently, I was asked what series I thought were missing from Europe’s “data infrastructure” in relation to housing. There are lots of candidates. An obvious metric that each city or region should understand is the break-even cost of a minimum standard home and how that relates to the local income distribution. How rich do you have to be, in local terms, to afford the most basic homes allowed? Measuring viability Yet I would hazard that in almost no city in Europe could officials tell you how far up the income distribution you would have to be to afford the basic-spec…
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