Looking for a room in Luxembourg, short time, 850, close by

By Stéphanie Bisenius Switch to German for original article

A room in a shared flat in the Luxembourg City conurbation costs around 1,000 euros. Agencies are advertising promising co-living offers and politicians are also addressing the issue of shared flats in the new draft law. A look inside the apartment blocks reveals the faces behind the numbered room doors.

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The housing crisis in Luxembourg has many faces. There is a shortage of housing and at the same time there are too many vacancies. Interest rates are high, the willingness to buy is low and the construction sector has slowed down. What remains is renting. According to estimates by the Chamber of Employees, people in this country sometimes spend 40–60 per cent of their income on rent. This is particularly noticeable in and around Luxembourg City.

However, young people in particular are drawn to the country's flourishing capital. Many of them come from abroad, finish their studies here, work in the up-and-coming technology sector, in the financial sector or for the "Big 4". They are at the beginning of their careers and often don't know what the future holds. Flexible life plans therefore also require flexible rental offers and equally prompt, tangible solutions.

The Vauban & Fort Group is a placement agency for shared flats and sees itself as part of the solution. Jerome Ensch founded the Vauban & Fort agency in 2015. He estimates that there are now 20 to 25,000 rooms in urban shared flats. So it is no longer a marginal phenomenon. For him, it is important to set quality standards and make Luxembourg competitive in the co-living sector – a form of shared living that generally offers a more extensive private space, such as a room with a bathroom, managed by a private operator – with metropolises like London, Berlin, or Paris. Because "without co-living, the big companies can't place their people here, " says the Vauban & Fort founder.

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