Nowadays, the housing crisis is developing into one of the most thorny socio-economic problems the new generation has to face. With rents galloping and wages remaining pinned down, the acquisition of housing seems to most young adults in Greece as an impossible scenario, entrenching them to a prolonged dependence on [...]
The recent report of the International Monetary Fund (IMF) «Inside Greece’s Housing Affordability Paradoxes», examines the issue of affordable housing in Greece, identifying a number of oddities. One key contradiction is that while Greece has one of the highest housing reserves per inhabitant in Europe, households are increasingly having difficulty finding affordable housing. [...]
The new State Credit Assessment System goes on for citizens and businesses, but the special solvency certificate for rental of residence, known as «Renters' Group», stays outside the first phase of implementation. His disappointment at the postponement of the measure and the hope that it will be incorporated into the near future expresses in the in-President of [...]
The housing in Europe is becoming increasingly expensive and for many residents it has turned from basic need to luxury. Behind this pressure on rents lies a mixture of factors, with tourism playing an increasingly decisive role in several Southern countries. The Greeks, Italians and Spanish have suffered [...]
