At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.
In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:
- Data Sourcing and Methodology:
We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices. - Limitation of Liability:
While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.
By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.
Global housing crisis threatens middle-class stability as prices soar in the US, China, & Europe
Posted on September 30, 2024 |
Housing access is a major issue, with cities reaching unaffordable prices despite proposed solutions like building more homes and controlling rents.
From 2015 to 2024, housing prices rose by 54% in the US, 32% in China, and nearly 15% in the EU, with significant rent increases in big cities.
Economic growth is focused on a few large cities, leading to intense competition for housing and worsening gentrification.
Housing is increasingly treated as an investment rather than a basic need, causing affordable options to be overlooked in favor of higher-profit developments.
Platforms like Zillow and Redfin allow investors to buy properties without visiting, increasing competition in the housing market.
In the EU, median rents went up by 20% from 2010 to 2022, with many renters spending over 40% of their income on housing.
Spain passed new laws in May 2023 to limit rent increases and protect public housing, along with plans for 40,000 affordable homes.
Portugal's government has restricted new tourist apartments and increased taxes on property owners, aiming to build 59,000 new homes by 2030.
Italian cities struggle with housing shortages due to the rise of short-term rentals, with Venice planning to limit these rentals and enforce size rules for apartments.
China's housing market is in trouble, with falling prices and unfinished buildings, leading the government to introduce support measures for affordable housing projects.