Total 23% of the commercially available real estate performs conditions programs “My house”, to subsidize the interest rate on the purchase of housing by young people under the age of 39. According to the relevant analysis carried out Athens Realtors Association Atticafrom 45000 published sale announcements residence of members of the Association, as soon as 10 674 anxiety suitable properties for a program that demonstrates the difficulties stakeholders face in finding a home of their choice.

“Obviously, there is not enough stock available to cover demand, as we mentioned in our previous speeches. The intention of the government is legitimate and in the right direction, but it was not done at the right time, since the offer is very small, and the simultaneous increase in demand through the program generates new increases in asking prices, ”notes K, vol. Lefteris PotamianosPresident of the Athenian-Attic Association of Realtors.

Graphics: Pavlos Methodius

As far as individual areas are concerned, patisia is the most chosen area, since 72% the property meets the relevant criteria. In particular, they are located 374 suitable properties, a number that certainly indicates a shortage of supply, and even in an area with a large number of properties, it ends up no more than a few hundred properties, while applications submitted by interested buyers already more than double the 10,000 beneficiaries under the program “Sleep May”.

Accordingly, along the axes L. Patishen And Acharnonlocated 1384 real estate, or 68% everything, in Cellular 595 properties that make up 51% whole, but in its own area Agios Eleftheriosare recorded 69 real estate, or 59% the entire inventory. In the course of the study of the Association, a suitable sample of houses of all areas was selected, 75-100 sq.m., 1 floor and above, built before 2007, up to 150 sq.m. and worth up to 200,000 euros, i.e. under the conditions set by the program.

Graphics: Pavlos Methodius

Single digits in northern and southern suburbs

Another clear element also pointed out by real estate executives is that there is very little suitable real estate in the northern and southern suburbs, or even in the theoretically “cheap” areas of the western suburbs. For example, in Storm barely showing up five real estate, in Nine o’clockV Pine Also nine And in Papagu only Seven. Accordingly, in such popular areas as Chalandrinumber does not exceed 47V Saint Paraskeva V 32V bees V 18 and to Marousi V 54 real estate. A similar picture is observed in several areas of the southern suburbs. For example, in Agios Dimitriosthe number of suitable properties is only 79To Alimo 63 and to Argiroupoli 44V Daphne 54 and to Ilioupoli 74.

Graphics: Pavlos Methodius

Sudden increase in market value

In addition to the lack of real estate, “explosion” of demand who created the program seems to have whetted the appetite of many owners as well. According to brokers, there has been a sharp increase in asking prices, even in cases where it seemed that there was an agreement in principle to sell it, resulting in auction canceled. Some owners have been discouraged by the increase in demand, even though they have agreed to sell their property. for 150,000 euros they are now asking up to 180,000 euros, precisely because of the program.

As the association said in a statement, “there are not enough houses for all potential buyers, and the problem began with the fact that the program was based on data from a private brokerage company, and not from the data of the research group of the Brokers Association.” According to Mr. Potamianos, accordingly, it is necessary to increase the supply of houses for saleeither through the sale of more properties than those passed through bank control and are valued at about 10,000, or through government agency programs to use vacant properties owned by a broader government agency.