Surging property prices: When will Europe’s cities become affordable again?

By Geoffrey Ditta

The allure of Europe’s capitals and major cities is undeniable. For decades, people have flocked to them to work in industry, set up businesses, and seek a better quality of life.

While the central, affluent neighbourhoods of Europe’s larger cities have always been pricey, areas once populated by working class households have now gentrified, becoming home to high income professionals and pricing out residents who cannot afford increased rents.

In some cities...