Of Chrysostom Chufi

Nearly 1 in 3 Greeks (28.5%) according to the latest available data – for 2023 – Eurostat spends 40% of his available income for the its housing needs. Nowhere in Europe has no greater percentage recorded. The second – the Denmark – was far behind the Greeceat 15.4%.

On the other hand, only 2.6% of Cypriots, 3.3% of Albanians and 3.7% of Slovenians.

Greece once presented the highest proportion of ownership, even over 80%. Evidence shows that the percentage has fallen to 69.7% from 75.1 in 2015. It has slid 12th in Europe, somewhere in the middle. It remains marginally above the Community average of 69.7%.

The image that worsened last year as according to the details of Bank of Greece Price prices increased further 7.9% in 2024. Prices in our country are increasing by 28 consecutive quarters!

The picture is proportional to rental. It is noteworthy that the relevant index in the first quarter of 2024 was at 99.9 points to launch at 109.7 points in the first quarter this year.

Indeed, the Bank of Greece estimates that real estate prices will continue to rise in 2025, even at a slower pace. Within this framework it is the government to take additional measures. The financial stability report published a few days ago are listed:
… The current situation is considered appropriate for the state to take measures in the direction of limiting any adverse effects on the financial situation of households from the housing issue. Income Criteria11), as well as improving conditions of access to housing market

In the coming days, the government will vote to maintain a tax deduction of up to € 16,000 on a 5 -year horizon for home renovations – these are not functional, aesthetic or energetic reasons – and the years 2025 and 2026.

In addition, in the interventions package that the Prime Minister will present in the upcoming International Exhibition of Thessaloniki Additional initiatives on the issue of housing crisis.

What should be considered certain on the basis of public statements by government officials and ministers is a redistribution of NSRF resources 2021-2027 by redirecting Community funds to the housing that, with the blessings of the Commission, can happen to double the planned investments through specific actions.

In addition, it will be attempted to ensure the assistance of banks in order to significantly increase repair loans so that the repaired real estate is available on the market.

The table has fallen and the reduction in taxation of rents from rent is being considered.

The most obvious option is to reduce the 15% introduction rate currently valid for imports of up to € 12,000. There will probably be a smaller step for the first € 5-6,000 with a much lower rate.

For example, a 6% rate for the first € 5,000.

In such a possibility owner who receives € 5,000 from his property will be taxed for € 300 for € 750, which has a 450 € relief.

The introduction of a scale between incomes of € 12,001 to € 35,000 is also considered as there is a sharp increase in the tax rate from 15% to 35%.

A new extension of the zero VAT rate on the new real estate that expires at the end of the year should not be excluded and that the government has already extended several times. It will not surprise an extension of the ban on issuing new short -term lease injustices in downtown Athens and after the end of 2025.

After all, the “freezing” of objective values ​​by 2027 is running, my home 2 programs and renovate-November and November will be given for the first time to subsidy up to € 800 to about 950,000 low and medium income tenants.