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The Growing Crisis of Uninhabited Homes in Greece

In neighboring Greece, the number of declared uninhabited homes reached 750,000. At the same time, the issue of housing shortage and the danger of this issue turning into a social crisis has been intensively discussed in recent months.

The number of uninhabited homes in our southern neighbor in percentage terms is the highest in Europe, according to Eurostat data – 35.3%. There are the most available apartments in the big cities. In Athens, the share of vacant homes is 31%, in Thessaloniki – 28.5%, and in Piraeus – 28%.

People who do not have their own home face two problems – the first is high rents, the rate of which is growing faster than wages, and the second – the distance from the workplace.

In most countries, the problem of uninhabited housing is solved by burdening the owners with additional tax burdens. In Greece, however, the approach is reversed – the state helps owners to renovate their properties. However, this approach does not produce the desired results.

You can see detailed statistics on the average property prices in Bulgaria by cities and districts HERE

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2023-10-25 19:37:00


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