The same or at least similar increase in real estate prices has happened in non-EU countries around the world, and the primary beneficiaries are the local upper-class not the foreign investors. It is a complex topic, and EU regulation does play a role in it, but overall I would say that the EU isn’t the primary driver behind this.
I don’t think the EU per se is the reason for this. I think the free flow of foreign capital into industries of essential goods is more to blame, and that lax regulation does come with the EU.
The same or at least similar increase in real estate prices has happened in non-EU countries around the world, and the primary beneficiaries are the local upper-class not the foreign investors. It is a complex topic, and EU regulation does play a role in it, but overall I would say that the EU isn’t the primary driver behind this.
I don’t think the EU per se is the reason for this. I think the free flow of foreign capital into industries of essential goods is more to blame, and that lax regulation does come with the EU.