> Rents have surged in recent years, driven by tourism, foreign investment and a shortage of affordable housing. The cost of housing now consumes one of the largest shares of disposable income in the European Union
My impression is that where housing is expensive, there will be complaints of unaffordability (obviously), but also vice versa, that where there is unaffordability, housing always seems to be a large component (at least in "the west").
in most places basic food (rice and beans or an equivalent) is cheap. Services can usually be skimped on. Transportation can usually be flexible (new car / cheap used car / transit / bike). Housing costs seem to be relatively non-flexible though.
I wouldn't be surprised if Greece has strong NIMBY factors.
> Rents have surged in recent years, driven by tourism, foreign investment and a shortage of affordable housing. The cost of housing now consumes one of the largest shares of disposable income in the European Union
My impression is that where housing is expensive, there will be complaints of unaffordability (obviously), but also vice versa, that where there is unaffordability, housing always seems to be a large component (at least in "the west").
in most places basic food (rice and beans or an equivalent) is cheap. Services can usually be skimped on. Transportation can usually be flexible (new car / cheap used car / transit / bike). Housing costs seem to be relatively non-flexible though.
I wouldn't be surprised if Greece has strong NIMBY factors.