In the housing crisis that particularly hits Greece, the International Monetary Fund refers to its new report, recording an explosive mix of rising prices, high rents and serious structural weaknesses in the housing market. As he points out, real estate prices and rents are increasing at a much faster rate than household incomes, as [...]
Up to 19 years of savings it is now necessary for a new couple in Greece only to collect the advance purchase of a residence. The most impressive, however, is that this time is not about paying off the house itself, but only the initial capital needed to be able to get a housing [...]
Rents in Europe have long ceased to move alongside wages. In many cities, housing costs have become the main pressure factor for households, especially for those at the lowest end of the labour market. Housing and utilities now absorb most of the monthly costs [...]
The broad wave of protests about the sudden, early termination of the program My Home 2, on June 2 instead of August 31, led the government to folding. After first causing coldness to thousands of beneficiaries, who were left hanging, due to foreign government manipulations, an extension was finally given – but outside the Recovery and Durability Fund (TAA). As announced [...]
