Lithuanian housing affordability is a major issue, with many struggling to buy or rent homes.
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Over a third of Lithuanian residents are concerned about housing affordability, with 56 percent stating that available housing is too expensive. Young adults aged 18–35 experience the most housing accessibility issues, and the lack of a down payment is the biggest barrier for nearly 70 percent of those wishing to buy a home. Despite these concerns, about 90 percent of Lithuanian residents live in their own homes, a high rate compared to other EU members. While Lithuanians tend to stay in their homes longer than in Western Europe, the rate of moving can increase. Renters also face challenges; for instance, 40 percent of renters in Greece spend their income on housing, forcing them to reduce essential purchases or seek external aid. In response to rising rents, Spain introduced a “Right to Housing” law to stabilize prices and offer rental assistance, while Catalonia has designated tension zones to limit rent increases. To boost homeownership, Italy provides support to young families and first-time buyers through incentives like reduced registration fees and interest rate relief, while France offers similar incentives, such as interest-free loans, though their implementation remains unclear.
