Policy Actions for Affordable Housing in Lithuania:

Many Lithuanian households struggle to afford good-quality housing. The housing stock is dominated by owner-occupied, multi-apartment buildings that are energy inefficient and face persistent quality gaps. While average household spending on housing is relatively low, house prices have been rising,...

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Bibliographic Details
Format: Electronic eBook
Language:English
Published: Paris OECD Publishing 2023
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Online Access:Volltext
Summary:Many Lithuanian households struggle to afford good-quality housing. The housing stock is dominated by owner-occupied, multi-apartment buildings that are energy inefficient and face persistent quality gaps. While average household spending on housing is relatively low, house prices have been rising, and many households cannot afford to move to higher quality homes that better suit their needs. Lithuanian policy makers have stepped up support for housing in recent years, but more actions are needed. This report presents the main features of the Lithuanian housing market, highlights housing challenges that have been amplified by the current economic and geopolitical crises, and assesses current policies to address housing affordability and quality gaps. It proposes a series of recommendations to strengthen the supply of and access to affordable housing, and to support Lithuania's commitment to make housing policy a priority
Physical Description:1 Online-Ressource (125 Seiten) 21 x 28cm
ISBN:9789264910010
9789264489349
9789264445642
DOI:10.1787/ca16ff6d-en

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