New York Grapples with a Housing Crisis, Seeking Solutions in "City of Yes" New York City, along with many other American metropolises, is facing a growing housing crisis fueled by decades of inadequate construction. Soaring rents are leaving many struggling to keep a roof over their heads, with low-income residents disproportionately affected. The city’s economic … Read more
The number of foreclosed homes across the country that could be put on the market to address the housing crisis is expected to be revealed by the file on all taxpayer-owned properties. AADE, in collaboration with the Land Registry, began to set up the Property Ownership and Management Register which will be activated in 2025 … Read more
Directly connected to state action “My Home”through which an interest rate subsidy is provided for the acquisition of a principal residence with bank financing, has been the housing credit market for the last two years. This follows from the tactics investigations by the Bank of Greecethe results of which show that the demand for new … Read more
After the financial crisis of 2007-09, global property prices fell by 6% in real terms. But soon they recovered again and surpassed their pre-crisis peak. When covid-19 hit, economists thought a real estate crash was on the way. And then, from 2021 onwards, as central banks raised interest rates to tackle inflation, fears of a … Read more
The “My Home” program is relaunched with changes in terms of age and income criteria as well as in terms of the value of the property. Through the program, a total of 2 billion euros will be channeled into the housing market, provided of course that the corresponding properties that meet the relevant specifications are … Read more
Recommendations for a “freeze” of property values, at least for the next year, are being considered by the Ministry of National Economy and Finance on the grounds that this decision will contribute, together with other government interventions, to solving the housing problem. The property values were adjusted three years ago and since then commercial prices … Read more
In the morning, Prime Minister Kyriakos Mitsotakis chaired a meeting on the network of actions implemented for the acquisition of a first home and the upgrading of the housing stock, with the new programs at the forefront “My house 2” and “Upgrading my Home”, co-funded by the Recovery and Resilience Fund. During the meeting, it … Read more
At this time, the press conference is taking place detailing the new measures announced by Prime Minister Kyriakos Mitsotakis at the TIF, to deal with the housing crisis. The Minister of Social Cohesion and Family Sofia Zaharakis and the Deputy Minister of National Economy and Finance Nikos Papathanasis are participating. It is coordinated by the … Read more
The Latino community’s vote in the upcoming presidential elections has a growing and decisive powerespecially in states like North Carolina, where 40% of Latinos are eligible to voteFor this reason, the nonpartisan organization UnidosUS conducted a survey to find out what issues motivate the Latino community to go out and vote. For UnidosUS survey 3,000 … Read more
POMIDA expressed its satisfaction regarding the announcements of Prime Minister Kyriakos Mitsotakis at the TIF regarding the housing and real estate measures. In particular, her announcement mentions, among other things: “POMIDA welcomes the determination of the government and the Prime Minister Mr. Kyriakos Mitsotakis to stand by the side of society and with a proclamation … Read more