Close to real estate for Greek income, Moody’s estimates
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Close to real estate for Greek income, Moody’s estimates

The six consecutive years of real estate rally in Greece has not only brought prices to historically high levels, but has also ejected the price/income index, testifying to the significant deterioration in the economic accessibility of housing for Greek households, Moody’s notes. Demographic trends will lead to milder increases in [...]

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Tsipras's measures to "become the home right for all"
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Tsipras's measures to "become the home right for all"

What the head of the Greek Left Alliance is expected to announce at the Thessaloniki International Exhibition An important part of the proposal presented by EL.A.S and Alexis Tsipras on 2 September, in Thessaloniki, under the financial programme, is expected to be a package of measures for the housing crisis. The issue that Greek Left Co-extends [...]

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Cheap housing loans... end - What changes since June 2
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Cheap housing loans... end – What changes since 2 June

The programme «Home My 2» for subsidised low-interest housing loans it is finally terminated on 2 June, without a new programme, Deputy Minister of National Economy Nikos Papathanasis announced. Beneficiaries are persons of 25-50 years old with no other property, with an income of up to 25,000€ for singles and 35,000€ for married men. The project offers an interest-free loan for 50% of the Recovery Fund, with a maximum funding of 190,000€ and cover up to 90% of the property value up to 250,000€. Eligible are building properties until 31/12/2007 with Building Electronic Identity.

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