Marc De Vos argues that the Olive-zone of Euro-land is trapped in a depressionary spiral. Austerity and reform are necessary but need to be complemented with a European investment plan. Failing to do so will moreover polarize elections beyond control.
By a constitutional binding deficit rule policy makers will be forced to take the necessary budget measures and to stipulate a real long term policy for the public finances.
Laurent Hanseeuw recalls the housing issues prevailing in Brussels. He explains how housing policies favoring the building of large houses and apartments have anti-social and counterproductive effects.
The Itinera Brainstorm is an open reflection on social reforms by politicians, academics and stakeholders. With these new ideas we hope to keep, also in 2012, the debate alive in Belgium and its regions. More than 50 participants, more than 100 ideas!
The housing premium mitigates the fiscal pressure on new housing development from 106% to 60% and is an important fiscal stimulus to acquire a house of its own. However, new housing estate is in further decrease, in spite of the housing premium.