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Record Low Home Ownership Rates and Rising Rent Prices in Greece

Home ownership in Greece has dropped to a historic low of 69.6%, down from over 75% in 2015, according to recent data from E-real Estates. Meanwhile, rental prices have surged by 62% in Athens from 2017 to 2023, significantly impacting housing affordability. The findings highlight a troubling trend in the Greek housing market, as ownership rates continue to decline amidst increasing rental costs, raising concerns over housing accessibility for residents.

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