I've noticed that houses in Italy seem to be priced much lower compared to other European countries. I'm curious to know the reasons behind this trend. Why are Italian properties relatively inexpensive?
6 answers
Alessandra
Tue Nov 26 2024
The crisis disrupted the global economy, including Italy's, causing a downturn in the real estate sector.
Bianca
Tue Nov 26 2024
Italy offers property at more affordable prices compared to other European countries.
HallyuHero
Tue Nov 26 2024
One significant factor contributing to this is the balance of supply and demand in the Italian real estate market.
MysticMoon
Tue Nov 26 2024
The supply of properties outstrips the demand, leading to competitive pricing that favors buyers.
SophieJones
Tue Nov 26 2024
Another crucial reason for the lower property costs in Italy is the lingering impact of the 2008 financial crisis.