Buying a house big problem for Italians
Buying a house is impossible for some 10 million families in Italy, construction form group ANCE said.
In big cities it is impossible to buy a house for 10 million families with an income of up to 24 thousand euros, said the Economic Observatory on the Construction Industry 2025 of ANCA which listed Milan, Rome and Naples as the least accessible cities, CE Report quotes ANSA.
The association's research office indicates that to pay the mortgage households end up spending half of their income, and for the 20% of the least wealthy families even more than two thirds.
Even rent in big cities is out of reach for the most vulnerable families.
To pay it, households end up spending almost half of their income, and for the least wealthy even more.
