By 2050, Europe is set to demolish billions of square meters of existing buildings—an amount equivalent to half of Germany’s entire building stock. This isn’t just about aging infrastructure; speculative investors are driving demolitions to maximize profits, often with little regard for social, environmental, or cultural consequences. Because developers often replace affordable housing with high-end properties, longtime residents are pushed out, accelerating gentrification. The environmental impact is equally severe—the built environment demands around 40 per cent of the world’s extracted materials while waste from demolition and construction represents the largest single waste stream in many countries.

The European Citizens’ Initiative HouseEurope! seeks to establish EU legislation that prioritizes preserving, adapting, renovating, and repurposing existing buildings over demolition driven by financial speculation. To prompt action from the European Commission, the initiative requires one million signatures from at least seven EU countries. The signature campaign launches tomorrow, February 1.

Website: HouseEurope!

Video: The Demolition Drama

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