Social housing programs, disincentives and restrictions on short-term rentals, incentives to open closed properties, as well as tax disincentives for those that remain closed, form part of the housing policy programs in Croatia, Spain and Ireland, selected as “optimum practices” in the eurozone and discussed on Friday, at the Eurogroup in Nicosia, at the initiative of Kyriakos Pierrakakis.
The Eurogroup president put the housing crisis on the Eurogroup table for the first time, addressing an issue that is affecting the whole of Europe and has already been the subject of proposals in Brussels and Strasbourg.
At the moment, the Eurogroup is not considering an action plan, although nothing comes to its table by chance. The ministers were simply informed about the examples of the three countries. Of course, Pierrakakis confirmed that there is no one-size-fits-all formula and that each country must seek its own policies. However, he did not rule out any common measures, saying that “you announce solutions when they are mature.”
In any case, a source in the Greek government assured Greece is not considering adopting the measure of taxing closed properties. It has been rejected since 2025.
PROPERTY TAXATION HOUSING CRISIS
