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“In 2009, 47 percent of European government spending on housing was put into the construction of new housing, and 53 percent into provision, whereas today these numbers are, respectively, 25 percent and 75 percent”. These countries include Portugal (+6.1 percent), Ireland (+6.6 percent), the Czech Republic (+6.7 percent) and Sweden (7.6 percent). Unfortunately, supply has shrunk rather dramatically since the crisis, as a recent note published in October by Housing Europe makes clear. Look there, oldmacdonald, there ain't nothing wrong with Riga. According to the authors of the report, a major cause for this dramatic increase is the shrinking of the construction sector, which has never returned to pre-crisis levels (the sector represented 6 percent of GDP in 2006, and just 3.7 percent in 2016). There is a different point to be made here: which Europe?

I decided to do an in-depth research to find out why we have the most expensive electricity bill in Europe so that perhaps I can recuperate my lost affections for Spanish electricity companies. (These are serious questions, by the way. Review our. Germany’s airline top dog Lufthansa, for example, might be well advised to not ignore the offerings of Iceland’s Wow Air on German territory. I estimated the airfare based on deals I have found on Kayak Buzz - meaning we would probably need to fly into Riga or something to get that rate! Many flights here can be astonishingly cheap, and not only for those who spend hours searching the Internet for the best deals. So, why are European tickets so much more affordable? In certain countries, price trends can appear to have improved, like in Greece, Italy – or even in France, where prices have remained near stable (+1 percent in 2016) after a period of strong increases. Send a private message to victoria_reynolds, http://www.oanda.com/currency/historical-rates/.

All over Europe we are seeing a growing number of citizens waiting for social housing. Have a question about our comment policies? You may want to read this info for any destination you are considering, if you haven't yet done so, especially when you are bringing your family. Until a couple of years ago, the majority of RyanAir passengers flew without seat reservations which frequently led to travelers running toward their planes on the tarmac as soon as boarding started.

If we consider the entire population, this proportion remains stable at around 10 percent. However, Europe’s much higher density of cities and smaller — previously underused — airports were a natural advantage for the low-budget carriers. As a result, households are paying more and more of their budget towards housing. For more information about your privacy and protection, please review our full.

Many now fly from airports usually used by traditional airlines, taking away one key incentive to book the latter. But the situation isn’t as rosy as it seems, since housing costs are rising faster than household incomes, which have worsened globally since the crisis. Do Not Sell My Personal Information, Fodor's may use your email address to send you relevant information on site updates, account changes, and offers. I hear you, I hear you. For most Americans, Mexico is much closer, so it's no surprise that the flights are cheaper. At the time, travelers could fly from Boston to New York City for $19 (comparable to the purchasing power of about $60 today), and tickets could be bought on board as though fliers were boarding a bus. Even waiting until September, which is late for Scandinavia, the fares are crazy high. Hotels over there are really expensive. “This finding  clearly goes against the reassuring discourse propagated by the president of the European Commission, Jean Claude Juncker, about the return of growth across Europe, and prevents me from sharing his optimism”, says Cédric Van Styvendael, president of Housing Europe. How can this situation be remedied? They can offer tickets to smaller airports at much lower cost because landing fees there are usually less expensive. Europeans have gotten used to the shortcomings of low-budget traveling. Different cultures, different geography. Airlines like RyanAir refined the U.S. model by cutting costs on board further, investing in efficient but cheap planes and speeding up the boarding process. And some are always willing to pay extra for comfort and convenience. As an alternative, we are now looking at two weeks in Mexico in the colonial hill towns and a finish at the beach. That doesn't come without risks: Europe’s biggest low-cost carrier, RyanAir, is canceling thousands of flights because it mismanaged its pilots’ holiday schedules. This is all the more apparent in big cities, where the job opportunities tend to be found. Low-budget carrier AirBerlin filed for bankruptcy in August, and EasyJet has indicated that it might make huge losses this year, although some of them are due to exchange rate fluctuations. For every 1 NZ dollar, we get only 54 cents euro ! Although the European industry was deregulated later than in the United States, the legislative framework became more expansive and low-budget carriers picked up momentum on the other side of the Atlantic Ocean much more quickly. We Australians have dealt with a similar exchange rate for years now. Prices rose 4.4 percent in 2016 (compared to 4 percent in 2015, and 2.5 percent in 2013) according to the second edition of the report on the state of housing in Europe . However, an investigation into Ryanair's practices later found that no air safety regulations were breached. Long before EasyJet and RyanAir, the United States was a pioneer in the industry, with companies like People Express and others offering cheap tickets in the 1970s and early 1980s. After registering, I can manage my newsletter subscriptions by visiting my Profile Settings page. Despite strong disparities, European countries share a common problem: the high cost of housing. Food is real expensive in restaurants. Get FREE email communications from Fodor's Travel, covering must-see travel destinations, expert trip planning advice, and travel inspiration to fuel your passion. The authors go on to recommend an increase in construction subsidies. The fact that no country is safe from international competition is driving prices for customers downward. Mradr said: Also, I like to point out that UK has a customer law that requires them to warrant the product for 2 years vs 1 year in the US. I'm paying almost $1300 for one in September. The E.U. However, I'm visiting the #1 place on my travel bucket list so it's all worth it! Translated from the French by Ciaran Lawless – VoxEurop, A platform for data-driven news on European affairs in up to 12 languages brought to you by a consortium of media and data journalists from all over Europe, second edition of the report on the state of housing in Europe, a recent note published in October by Housing Europe, a report by the Abbé Pierre foundation published last March, All over Europe, housing has become all too expensive. By signing up you agree to our Terms of Use and Privacy Policy, Foreign affairs reporter focusing on Europe and international security. We really love Europe, but I am afraid it has become just too expensive for an average family of four from the USA to travel in peak season. Nothing is less certain. And finding a place to live has become an issue.

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