The Foundation for Affordable Housing has published “Entryways to Homeownership,” a study by Dr. Dylan Cassar that underscores the pivotal role of family support in Malta’s housing market. This sociological analysis reveals how Maltese families adapt to rising property prices and changing market conditions to help younger generations achieve homeownership, reflecting similar trends in Southern Europe.

A key highlight of the study is Malta’s high homeownership rate, which stood at 82.6% in 2022, significantly surpassing the European average of 64.1% and the 75.5% rate of other Southern European countries. Additionally, the study notes a notable increase in the acquisition of property via gift or inheritance, which rose from 10% in the 2000s to 21% in the last decade. This shift underscores the growing importance of family support in navigating the housing market.

The report calls for broader discussions on housing affordability and highlights the Foundation’s LoanUp program, This initiative provides subsidized loan rates to potential homeowners, aiming to ease the financial burden of purchasing a property. By offering lower interest rates and more favourable loan terms, LoanUp helps bridge the gap for those struggling with rising property prices. For more information, visit affordablehousing.mt

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