In despair those looking for a home as Rentals They…jumped
Negative historical record in prices Rentals In Greece, tenants are now desperate, seeing year after year their rents increase, their wallets empty and the inability to meet their obligations.
According to surveys and real estate agencies, Greece is experiencing the dark days of the housing crisis.
Since 2018, rental prices have increased by 52%.
According to Eurostat data, many turn to their immediate families for financial assistance:
– 45.5% of Greeks are late with their mortgage or rent.
– 36.9% of citizens are unable to pay the rent or mortgage installment.
-74.6% of renters in Greece spend more than 40% of their income on rent.
The cost of building new properties, according to experts, has caused a power outage in the market, as there will be few properties available.
Tenants are demanding a curb on the frenzied increases and the development of an organized plan to deal with the housing crisis.
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