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flag Greece's housing crisis deepens as prices rise, supply drops, and government launches social housing and rental programs.

flag Greece faces a worsening housing crisis driven by stagnant construction, rising prices, and a shrinking supply, with apartment prices up 7.3% year-on-year and households spending a record 35.5% of income on housing. flag Key factors include thousands of homes tied to non-performing loans, a surge in short-term rentals, and a 14% drop in building permits. flag The government is launching social housing and renting initiatives, repurposing vacant public and military land, while experts urge reforms like vacancy taxes, conversion of commercial spaces, and a national property listing system to improve transparency and market efficiency.

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