Luxembourg's Prosperity Drives Housing Crunch For Foreigners
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Around half of Luxembourg's residents are not citizens, crossing borders due to high housing costs
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Luxembourg has some of the highest salaries and net earnings in the EU, but sky-high rents and property prices
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Housing costs have risen rapidly, with new apartments selling for over €13,000 per square meter
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Lack of inheritance tax has led to landowners holding onto buildable land instead of developing it
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Resident foreigners, especially single parents, face higher poverty risks despite high minimum wage