Luxembourg's Soaring Home Prices Spark Housing Crisis for Residents
- Luxembourg faces a major housing crisis due to high demand and limited supply
- The country's high wages attract migrants, further increasing demand
- Minimum wage is over €2,300/month but home prices start at €10,000/sq meter
- Protests by residents unable to afford rent or buy a home are increasing
- For 30 years housing production catered to investors over first-time buyers
