Whose property? Greece’s housing challenges

24/04/2024 24 min Temporada 5 Episodio 8
Whose property? Greece’s housing challenges

Listen "Whose property? Greece’s housing challenges"

Episode Synopsis

After going through a really difficult time during the country’s long economic crisis, the Greek property market is booming, but that's creating a whole new set of problems.High rental and purchase prices are pricing out much of the local population as foreign investors snap up apartments and entire buildings in pursuit of profits.Host Nick Malkoutzis is joined by Stelios Bouras, a journalist who covers real estate and other economic issues for the Business Daily, to discuss a range of issues linked to the new conditions in the housing market - rising prices, a revival of construction and the much-debated Golden Visa scheme.Useful readingInside one of Europe’s last golden visa programmes and what’s set to change - EuroNewsLocal Greeks pushed out as mass tourism takes over Athens - France24What is driving the Greek housing market's recovery? - MacroPolis Hosted on Acast. See acast.com/privacy for more information.