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Housing shortage now one of Europe’s most pressing political crises

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A man carries a placard reading: "Houses are for living, not for profits" during a demonstration for affordable housing in Lisbon, on April 1.

A man taking part in a demonstration calling for affordable housing in Lisbon on April 1.

PHOTO: REUTERS

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Rising rents and housing shortages were already a significant challenge in Europe before the pandemic.

But the

war in Ukraine,

inflation, and high energy and construction costs have transformed a long-running European complaint into one of the continent’s most urgent political crises.

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