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Italian economy slips back into recession, where does this leave real estate?

T

totallyproperty

Administrator
Staff member
The Italian economy has slipped back into a triple dip recession with the economy contracting and economic activity under major pressure. When you take into account the ongoing austerity measures, long-term pension issues and disappointing economic performance, what can we expect from the Italian real estate market in the short to medium term?

Will the real estate market in Italy fall further or are we at a situation where investors have already factored in the worst-case scenario?
 
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