Translation. Region: Russian Federation –
Source: United Nations – United Nations –
An important disclaimer is at the bottom of this article.
October 8, 2025 Economic development
Millions of people in Europe continue to face housing problems: according to a new study by the United Nations Economic Commission for Europe (UNECE), more than a third of the poorest families spend over 30 percent – and many spend as much as 45 percent – of their income on housing. Young families, the elderly, migrants, and single parents are particularly vulnerable.
More than 30 ministers and high-ranking officials from countries in the region, gathered in Geneva for the 86th session of the UNECE Committee on Urban Development, Housing, and Land Management, intend to address these challenges. Participants reaffirmed that housing is not a luxury, but a fundamental human right, and committed to taking concrete steps to improve its affordability and sustainability.
"Affordable and sustainable housing are fundamental priorities," emphasized UNECE Executive Secretary Tatyana Molchan. "Our region is united in its commitment to addressing these issues through international cooperation, evidence-based policies, and, above all, equity and inclusiveness."
Martin Tschirren, Swiss Secretary of State and Director General of the Federal Housing Agency and chair of the meeting, added: “Without universal access to high-quality and affordable housing, social and economic problems arise that affect education, health, transport and the environment.”
Investments, new models and fair land policy
The ministers agreed to increase public investment in housing construction and expand social, cooperative, and public housing funds. Plans call for more active private financing through green bonds, sustainability-linked loans, community land trusts, and hybrid financial instruments.
Particular attention will be paid to regulating short-term tourist rentals to reduce speculation in the market, as well as to reforming land taxation to ensure a more equitable land policy.
Local government support and new approaches to construction
Reaffirming the commitments made this week at the 5th UN Forum of Mayors, ministers emphasized the need to strengthen the role of local authorities, which are at the forefront of addressing housing challenges. They must be provided with greater legal, political, and financial support to implement climate-resilient and affordable housing policies.
Particular attention will be paid to the modernization of existing housing stock, the redevelopment of vacant and underutilized urban areas, and new construction models that combine energy efficiency, innovative technologies, and climate change adaptation measures.
Transparency and accountability
To better understand the situation, countries in the region intend to more actively collect and share geospatial data, including 3D models of the built environment. The ministers reaffirmed that housing must remain an international priority – both within the framework of the Sustainable Development Goals and the UN Geneva Charter on Sustainable Housing.
The UNECE Committee on Urban Planning, Housing and Land Management will report annually on progress achieved and agree on further steps.
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.