Rising rents and property prices have worsened Europe’s housing crisis, prompting the European Commission to propose new rules on short-term rentals and tenant protections by December
Athens is a vast construction site. A dense forest in the hunting season, fertile ground for what the academics call the “financialization of housing”
UBS’s 2025 Bubble Index shows risks easing overall, but affordability in Europe remains stretched, with Madrid’s prices surging and London, Paris, and Milan still costly
Apartment buildings have fewer rowdy tourists now, but rents keep rising
The European Commission itself now openly refers to Greece’s “housing affordability crisis” in its latest European Semester report.
The paralysis has left many people in houses that are too small, in jobs they don’t love or shackled with ‘golden handcuffs.’ For everyone, there are economic consequences.
A new bill aims to activate underused public land to build thousands of low-cost homes for young people and vulnerable groups
The report indicates that this increased demand from overseas buyers has driven up real estate prices in urban centers, with Athens, Thessaloniki, and Mykonos seeing some of the sharpest rises.
In total, credit institutions are expected to contribute 100 million euros to the entity.
The ministerial cabinet meeting will be held on Wednesday at 11:00 at the Maximos Mansion.
Amid the housing crisis, Greece is weighing the bold move to push property owners to make vacant homes available for rent or sale.
Almost 1 in 3 Greeks spend 40 % of their disposable income on housing needs, according to Eurostat data,
Among renters, nearly 40% are spending more than 30% of their income on housing, with 16.9% allocating up to half of their earnings to rent alone-- that's one in six Greeks that spend half their income on rent.
Greeks own nearly 5.5 million cars and more than 3 million households have a primary or holiday home, according to OT.
“These policies that are developed are aspirin, hansaplast for an illness which is more serious than that.”
In this episode we explore the history of housing in Athens, and look into how forces like Greece’s protracted economic crisis and short-term rental platforms like Airbnb have impacted the city's social geography.
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Athens Mayor Haris Doukas outlined a series of municipal interventions aimed at tackling the housing crisis during a public event co-hosted with the University of Athens.
Greece's tax authority has compiled a guide addressing the most common questions regarding the transfer tax exemption for first-time home purchases.
Prices in Attica continue to soar as declining disposable income exacerbates the housing crisis in Greece.