MIL-OSI Europe: Written question – Erasmus+ programme, speculation-driven rent hikes and the need to increase the number of student halls of residence – E-002214/2024

Source: European Parliament

22.10.2024

Question for written answer  E-002214/2024
to the Commission
Rule 144
João Oliveira (The Left)

At a time of rampant speculation in the housing market, we have been alerted to a possible connection between the Erasmus+ programme and speculation-driven hikes in rent prices.

In countries such as Portugal, which traditionally host more Erasmus+ students than they send, the scant supply of student halls of residence and dearth of affordable accommodation have, alongside speculation, sent rent prices sky-rocketing in recent years.

The EUR 7.5 million in support for students announced by the Portuguese Government does nothing to address the underlying problem and may even have the undesirable effect of using public money to fuel speculation.

Instead, resources should go towards investing in increasing the supply of publicly owned student accommodation, which should also be available to Erasmus+ students.

In light of the above:

  • 1.Has the Commission carried out an assessment of the impact of the Erasmus+ programme on rent prices?
  • 2.Is the Commission considering measures to lessen the impact by providing specific support to the hardest hit countries?
  • 3.What resources have been provided by the Portuguese State under the 2021-2027 MFF or the RRF to build affordable student halls of residence and what resources are still available and could be used?

Submitted: 22.10.2024

Last updated: 30 October 2024

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