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Greek Property Federation Raises Concerns Over New Housing Legislation

The Greek Property Federation (POMIDA) has voiced both support and criticism regarding new provisions in the Ministry of Finance’s housing bill set for public consultation. They argue that the lawmakers’ focus on revenue loss overshadows the need for increased rental housing availability. Key recommendations include shortening vacancy periods, extending tax exemptions for properties regardless of tenants, reducing high rental tax rates, and reconsidering burdens on short-term rentals. Positive notes include increased repair subsidies and ongoing tax relief measures to support housing stability.

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