Principal Investigator: Dr Philipp Katsinas
Overview
Greece currently faces a housing crisis due to increasing housing unaffordability and unavailability, caused by housing financialisation – it’s increasing treatment as a commodity. Key drivers of the process are institutional investors, but the role of other types of investors, especially small-scale amateur investors purchasing a second property to rent out (buy-to-let) has remained little researched. Through the conduction of qualitative interviews with key stakeholders, the project will analyse the role of small- and medium-scale investors and investment brokers and their reasons for investing in Athens and Thessaloniki. It thus seeks to contribute to the wider literature on housing financialisation and to current public debates about how the process unfolds in Greece and affects housing.
This study forms part of our wider research within our Economy & Public Policy cluster.
Funding: funded by the Hellenic Observatory - Centre for Research on Contemporary Greece and Cyprus (HOC Research Fund)
Research Team
Principal investigator
Philipp Katsinas, Research Associate, Economy & Public Policy