Greece's Housing Crisis Deepens as Government Measures Fall Short
Data from the listings site Xrysi Efkeria reveal a significant drop in housing supply across most parts of the Attica region in the first half of 2025. Greece is facing a deepening housing crisis, with conditions worsening rather than improving, despite a series of government interventions. Real estate experts, including the Association of Realtors of Athens-Attica, argue that the measures introduced so far have missed their mark largely because they were developed without meaningful dialogue with the property market. As a result, flagship initiatives such as the "My Home" program have backfired-fueling a fresh spike in home sale prices-while efforts to expand the supply of rental housing have faltered due to poor planning and implementation. Rental prices across the country continue to climb sharply. Many landlords, driven by inflated expectations of high returns, are pushing prices upward-often ignoring the risk that these levels...
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