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Wage levy could unlock millions a year for affordable housing, says economist

27.05.2026 - Luxembourg Times

Revue de presse

Buyers looking to buy a 60-square-metre flat today would require a net monthly salary of €6,000, well above pre-Covid levels.

A 0.5% levy on Luxembourg’s total wage bill could unlock up to €400 million a year for affordable housing investment, economist Michel-Édouard Ruben has proposed, arguing it could help stabilise demand in the struggling property market, citing data showing that buyers looking to buy a 60-square-metre flat today would require a net monthly salary of €6,000.

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