A. Population analysis

Socio-economic analysis / source: Municipality of Athens

  • 25% loss of population since the maximum of 1981 which would be bigger if it wasn’t for the immigrants mostly from Albania, who settled down in Athens during this decade
  • 23.5% official unemployment, almost 40% unofficial

 

B. Real estate Statistics

  • 30,85 % vacant dwellings
  • 42.4% reduction in the value of properties since 2008
  • 20 – 50% vacant shops, depending on the street
  • 2005/  250.000 sales in Athens
  • 2013 /   3.600 sales in Athens
  • Reduction of new building licenses in Athens during the period 2005- 2015 :
    -95.9% new built area / per year

 

C. Housing Conditions

  • Overcrowding rate 27, 4%
    (Eurostat 2015)
  • Highest Housing cost overburden rate in Europe
    68,9  of  (single person)  households have total housing costs more than 40% of the total disposable household income  (EU 25,4%)
    (Eurostat 2015)