The world was already experiencing an acute housing shortage, both in the rental and sales markets , prior to the pandemic. COVID-19 accelerated the dearth of available housing as supply chain challenges collided with a rush of buyers looking for more space fuelled by historically low interest rates.

The recent developments in Ukraine are resulting in a massive refugee crisis, with the potential for displacing over five million individuals, which will only further exacerbate the problem across Europe.

[…]

+ Info: World Economic Forum

Image from: World Economic Forum