In the press
The Idea Foundation has presented six new ideas to boost Luxembourg's struggling residential property market, including a proposed housing contribution paid by all wage earners.
Residential investment in Luxembourg has been lagging behind for some time, according to economist Michel-Edouard Ruben from the Idea Foundation. In a working paper presented to the press on Thursday, Ruben outlined six ways to move housing policy beyond its usual automatic responses, namely, the fiscal measures the government often recycles in an effort to stimulate the property market.