Olten

The current situation of the housing market in Olten, a city in Europe, reflects broader regional trends. Approximately 30% of EU residents rent their apartments, while 70% own their homes. Olten, like many European cities, is facing a housing crisis characterized by shortages and escalating rents. The city is addressing this issue through various policy measures aimed at ensuring affordable housing. These include housing allowances, social rental housing, and rent regulations. Social housing constitutes about 8% of the total housing stock in the EU, with countries like the Netherlands, Austria, and Denmark having larger social housing sectors. Olten is likely to follow similar strategies, focusing on increasing the supply of affordable housing and implementing policies to mitigate the effects of overcrowding and high housing costs. The city's efforts are part of a broader European initiative to adopt a new housing paradigm, support fair energy transitions, and address the root causes of housing exclusion.