Article by the Prime Minister in ONNED Magazine
“I am well aware of the challenges that many of our fellow citizens face in trying to get their own home. The growing rents, the limited offering and the unstable conditions of the market, both in our country and internationally, make it accessible home perhaps the biggest obstacle faced by the younger generation today, “Prime Minister Kyriakos Mitsotakis said in an article in the online magazine of the online magazine.
“Our data shows that thousands of young people remain in their hometown of up to 25, 30 or even 35 years – not by choice, but out of necessity. Which undermines their independence and makes it more difficult to create their own family. The New Democracy government acknowledges that housing is a fundamental right to be accessible to everyone.
That is why we not only record the problem, but we are dealing with it with decisive action and targeted measures. The most recent – but not our last – initiative is the return of a whole rent to those who meet the criteria. The measure may not permanently solve the problem, but it certainly relieves about 1.3 million citizens, ”he says.
He stresses that “this” breath “in the budget of hundreds of thousands of households is made possible by the surplus we secured and the growth pace we achieved. Now the dividend is returning to society. Like the increase in the student housing allowance of up to € 2,500. In addition to these permanent, annual actions, we extend the long -term solutions.
Following the success of the “My Home” program with 9,000 beneficiaries joining and 7,800 have taken the “key to the hand”, its second phase began, offering low -profile or interest -free loans to even more of our fellow citizens. The response, from just the first hours, is impressive, with more than 37,500 applications already submitted.
We even increased the age limit and adapted the income criteria in order to include those who were excluded in the first phase. This means that an additional 20,000 young people and families will have the opportunity to acquire their own home, paying a monthly installment as a rule lower than the rent they would pay for a corresponding property.
Our efforts certainly do not stop there. We are investing in social housing programs with the aim of ensuring affordable choices for truly vulnerable. At a time when the establishment of social consideration becomes a lever exploiting the inert property of the public, for the benefit of citizens looking for roofs. “
The prime minister emphasizes that “in addition, the successive circles of renovation and upgrades aim to improve the quality and energy efficiency of existing stock. Like the interest -free bank loans of € 400 million we secured from the recovery fund, as well as the tax exemption we give to owners who perform energy renovation work.
We also provide incentives to increase the mortgage inventory, on the one hand by returning to the market closed real estate, and on the other hand, using long -term leasing apartments rented for tourist use. At the same time, we encourage investors to turn to abandoned, industrial or business buildings. Initiatives that gradually increase offer and alleviate the problem.
Overall, we are developing 40 actions totaling more than € 6.5 billion and we are determined to continue in the same direction. Because we know that housing is not just about square meters. It has to do with dignity, stability and certainty. It is the foundation on which you will build the rest of your life: your career, your family, your future. A future we build together, with optimism and confidence, “Kyriakos Mitsotakis concludes in his article.