Most Greeks are not planning a house purchase within the next two years. They are concerned that they may be unable to meet rent and mortgage payments, according to a survey carried out by Athens’ Economic University. The findings of the survey were unveiled on Sunday by Prof. Epaminondas Panas, during a seminar held at the “Property by Helexpo” trade fair.
Eight in ten people replying to the survey, which was carried out in October-November 2010 in Attica, said that they were unlikely to buy a house in the next two years. Only 2.2 percent said that they definitely intended to buy a home in the same period.
Seven in ten said that the economic crisis in the country had increased their anxiety that they might lose their jobs. More than half claimed that they felt more anxious about property-related payments, such as rent or mortages.
(source: ana-mpa)
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