Real estate prices are rapidly increasing across Eastern and Southeastern Europe due to a significant imbalance between housing supply and demand. The surge in costs is not driven by speculation, but by fundamental limitations in the ability to build new homes quickly enough. Planning restrictions, complex regulations, difficulties in securing financing, and bottlenecks in the construction process are all contributing to the problem. These constraints restrict the number of new properties coming onto the market, further exacerbating affordability issues for potential buyers. The situation highlights a critical need for governments to address these systemic obstacles to increase housing availability. Failure to do so will likely result in continued price escalation and a worsening housing crisis in the region.