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Real estate is still in crisis

06 June, Italia Oggi

“Istat shows that in Italy properties prices are still decreasing, draining families’ savings. Italy is the only country registering such a phenomenon, considering only the properties that can be sold (in many cases, sold off). There are also properties that are not being sold or rented”, said the president of Confedilizia, Giorgio Spaziani Testa. “We must intervene. Together with other associations, we’ve presented to the Parliament a manifesto of 10 proposals to relaunch the sector. We hope it will be taken into consideration by the new government”.

Source: Italia Oggi

Translator: Cristina Ambrosi

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