Rising rents and skyrocketing inflation plunge Greeks into poverty

Rising rents are another factor affecting the financial situation of Greek city dwellers, along with rampant inflation, especially rising energy and food prices.

According to a survey conducted among just over 1,000 respondents by the research and communications firm About People , almost half (47.8%) individual tenants are either having difficulty paying their rent or are in arrears with rent payments.

Also, almost half (49.1% and 49.3%, respectively) say they are unable to save money and find it very difficult or impossible to buy your own home.

Over six in ten (61.7%) say they need cut other expenses, including food clothing and rest, to be able to pay rent.

In addition, 22.1% partially subsidize the rent for loan account from relatives and friends.

However, expensive rent has its positive side: partners, each of whom lives in their own apartment, enter into cohabitation earlier than planned in order to reduce costs.



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