Cities for Rent: Investigating Corporate Landlords Across Europe
published by Arena for Journalism in Europe, ORF, Apache, Deník Referendum, Mediapart, Der Tagesspiegel, AthensLive, Reporters United, Dublin Inquirer, IrpiMedia, E24, Expresso, elDiario.es, Reflekt, Republik, Ctxt.es, Follow The Money
Everyone needs a home, and even more during a pandemic.
The high demand for rental flats across European cities has contributed to making housing a very attractive investment. At a time when many people can’t find an affordable and decent flat to live, reports of a huge increase in investment flow into housing across Europe go hand in hand with stories of abusive practices by ‘corporate landlords’, companies that buy and rent out housing for profit.
Where is all that money coming from? Who are the companies and investors buying so much housing across Europe? How does this phenomenon affect people’s lives and homes in European cities?
During a period of more than seven months, a team of over 25 investigative and data journalists and visualisations experts from 16 European countries, have been working on the cross-border collaborative project Cities for Rent: Investigating Corporate Landlords Across Europe.
We wanted to find the data and visualise these developments, and document their effects on our cities and in people’s lives. We found that since the financial crisis international investment funds and housing corporations have been buying up homes across European cities and there are different critical issues connected to this.
Finding all the relevant data is being a challenge due to a lack of transparency by corporate landlords, and we would like Cities for Rent to become the start of an open collaborative effort towards more cross-border research into the crisis of housing affordability in European cities and how that affects people’s lives.
On our website – which you can access below or via the URL – we share our research methodology and its limitations, and our approach to data visualisation. We have also made available a data catalogue describing all the data sets we have been gathered and generated ourselves.
If you have comments or questions, or if you want to contribute data or research corporate landlords yourself, do get in touch.