Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Europe's Housing Crisis Is the ECB's Blind Spot
In Episode 170 of The European Economy Podcast, Lucas and Luna tackle a puzzle the ECB keeps dancing around: why housing costs across the eurozone keep climbing even as the bloc's broader inflation cools. With fresh data showing core prices up 3.3 percent in July, they drill into the specific mechanics — from construction labor shortages in Germany to rent control backfires in Spain — that make shelter costs sticky. They also weigh the political pressure on Christine Lagarde and the risk that ignoring housing could feed a longer wage-price spiral. Along the way, they reference the recent…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.