Young people are the demographic most severely affected by the ongoing global housing crisis, facing significant barriers to independence and financial stability.
According to Operative Information Center-OMM, Dan Jorgensen, the European Union Commissioner for Energy and Housing, made these remarks in a video message to the dialogue session titled "Global Housing Crisis: What is the Plan?" held as part of the 13th session of the UN World Urban Forum (WUF13).
"The housing crisis poses a threat to human competitiveness and creates obstacles for education and training. Young people are unable to leave their family homes or acquire new property to start their own families. They lack access to social housing, and the number of unemployed among them is rising. There are millions of homeless people in European Union countries, 35 percent of whom are youth. These figures are a reality and are unacceptable," the EU Commissioner added.
The World Urban Forum (WUF), established by the United Nations in 2001, is the premier global conference on sustainable urbanization. It addresses the challenges of rapid urbanization and its impact on communities, cities, economies, and climate change. The 13th session continues to focus on implementing the New Urban Agenda, seeking innovative solutions to provide affordable and sustainable housing for all, particularly in the face of rising global inflation and property market volatility.
