‘All my wage goes to the house’: A rental crisis brews in Greece
Al JazeeraThe vast majority of Greeks who rent spend more than 40 percent of their disposable income on housing, and complain that properties are in poor condition. “It’s not a fancy neighbourhood where the rich people live,” she said. “I have a niece who lives alone and if she didn’t have the support of her family whenever she needs it, or if she had to look for a new home right now, she would be in a very difficult position.” A country’s housing cost overburden rate refers to the portion of the population that spends 40 percent or more of their disposable income on housing. “I have been looking for an apartment since early January and I just found one,” said Maria, a friend of Velliou. All we want is just a house to live in with dignity.” Gabriel Sakellaridis, head of Eteron, recently referred to the tensions over housing as a “‘silent crisis”.
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