The acceleration of credit expansion rates in retail banking is a central bet of credit institutions for the coming years. After a 15-year straight decline in mortgage balances, their managements estimate that from 2025 the trends will reverse, offering an additional source of interest income, as to date the bulk of new loan production has … Read more
The housing crisis is emerging as a major problem across Europe: between 2010 and the end of 2023, average rents in the EU rose by almost 23% and house prices by almost 48%, leading to protests in many cities. The lack of affordable housing and the rising cost of living have recently been at the … Read more
Significant changes-reductions in rent taxation, in response to the housing crisis and the increased prices that mainly affect young couples and students, are being considered by the Ministry of Finance and are expected to be announced by the Prime Minister from the stage of the 88th International Exhibition of Thessaloniki Kyriakos Mitsotakis. There are several … Read more
Community based organizations and qualified elected leaders like “cruel and inhumane”, measure judge the Manhattan Supreme Court, Lyle Frank, which ruled this past Thursday that the City Council did not have the authority to extend access to the City FHEPS housing vouchers, for people facing eviction or New Yorkers who earn more than the current … Read more
From ultra-luxurious beachfront residences with unobstructed views to mainstream apartments for middle-income families, around 2,000 new homes will be built on the Athenian Riviera over the next three years dominated by the new “smart city” mega project of Ellinikos. It should be noted that the big business of the big “players” in the housing market … Read more
In the places where now Building residential units in the Big Apple is strictly prohibited, it would soon be allowed. It’s just that, they are passing a series of new legislation. A municipal proposal that paves the way for the creation of “more houses” in each neighborhood, through the first proposed zoning changes in 50 … Read more
A Cuban woman has attracted attention on social networks for announcing her willingness to build a container housea house made from a cargo container used by ships. Through her TikTok account, Anais, a Cuban resident in Miami, shared that she is setting up one of these containers as a home, which she has decided to … Read more
After her rule short term rental (Airbnb) and the housing crisis that has arisen a rally and protest march is organized and held on Saturday by the Movement for the Right to Housing, participating in the European Action Week on Housing and the City. The “Neighborhoods for the Right to Housing” collective issued a press … Read more
Today, Tuesday, the debate on the changes to the Golden Visa resumes in the Plenary. The discussion and passing of the draft law of the Ministry of National Economy and Finance for the “Incorporation of Directive (EU) 2022/2523 of the Council, of December 15, 2022, on ensuring a global minimum level of taxation of multinational … Read more
According to a new research of the New York City comptroller’s office, it is concluded that the number of rent-stabilized units that are vacant and not available for rent, fell dramatically by 39%, in the last two years. The report estimates that less than 2,000 rent-controlled and stabilized unitswhich rent for $1,500 or less, are … Read more