Europe's mayors press Brussels for a €300bn Affordable Housing Fund

The "Mayors for Housing" alliance of 16 major cities pushed housing onto the June European Council agenda, demanding reformed EU State Aid rules and a €300bn-a-year Affordable Housing Fund modelled on Next Generation EU. Across the 16 cities, rents have risen 60% and prices 78% in a decade.

City leaders reframing housing as an investment-rules and fiscal-headroom problem — a useful comparator for UK metro mayors arguing for fiscal devolution.