Last year, we discussed the two pivotal challenges facing our sector and society—housing accessibility and the real estate sector's energy transformation. If we were to evaluate 2023 using these benchmarks, we would talk about a straightforward failure.
In 2023, the impact of years of erratic policies and lack of public investment in housing became glaringly evident. Housing access is in a precarious state for various population segments, both in terms of renting and buying. To summarize, the rental supply significantly dwindled in 2023, the available units continued to escalate in price, and only those requiring minimal financing were able to buy. A distressing scenario for any society's future, especially when considering its repercussions on the younger generation.
