Albania is feeling the pressure of rising housing insecurity, with one in five adults worried about their property or home. A new report highlights that skyrocketing rents and mortgages are leaving millions across Europe and beyond in a state of unease.
The Prindex Report 2024 reveals that 1.1 billion adults worldwide—23% of the global population—now feel insecure about their land or housing rights. Alarmingly, Albania ranks fifth in Europe for housing insecurity, with 20% of its population affected.
Albania’s housing concerns
In Albania, 8% of people point to financial struggles as the main source of their insecurity, while 7% fear eviction by landlords or property owners. This level of unease surpasses that of other Balkan countries, including Montenegro and Serbia.
In neighbouring Montenegro and Serbia, eviction concerns dominate, while in Kosovo, family disputes over property top the list of worries.
Europe’s insecure hotspots
Turkey and Greece lead Europe in housing insecurity, with over 35% of adults feeling unsettled. Ukraine follows at 33%, a surge linked to fears caused by the ongoing war with Russia.
The UK isn’t exempt from these worries either, with 14% of adults reporting property insecurity—higher than in many European nations.
Money at the heart of the issue
Financial pressures are the main driver of housing insecurity globally, the report reveals. Rising costs mean many people simply cannot afford rent, mortgages, or basic property upkeep.
In Europe and Central Asia, eviction concerns (10%) and financial struggles (9%) are the leading reasons for housing fears.
Some stability
Not all countries face the same level of uncertainty. Lithuania ranks as the most secure in Europe, with just 6% of its population feeling uneasy. Bulgaria and Moldova follow at 7%, while Poland (8%) and Italy (11%) also fare better than most.
