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![Affordable housing in Europe is an elusive dream Affordable housing in Europe is an elusive dream](/media/housing europe.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
According to Eurostat data, Greece ranks first in the share of housing costs on disposable income. At 10.6% of the population Europeans pay more than 40% of their income for housing.
![Piraeus records the highest increases in real estate prices Piraeus records the highest increases in real estate prices](/media/AAA JPG/akinita-810.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
The biggest increase in the second quarter of the year compared to last year was recorded in Piraeus with +28.90%, while the biggest decrease was in Karditsa with -8.80%.
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![House prices in Greece close to hit their 2008 highs House prices in Greece close to hit their 2008 highs](/media/blog/POLYKATOIKIA_NEOS KOSMOS.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Important factors of uncertainty are geopolitical instability, increased inflation, high construction costs, and the deterioration of household purchasing power
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![METKA ΑΤΕ to undertake the construction of the Riviera Galleria in the Ellinikon METKA ΑΤΕ to undertake the construction of the Riviera Galleria in the Ellinikon](/media/blog/Riviera Galleria 2.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Riviera Galleria is designed by leading, internationally renowned Japanese architect Kengo Kuma.
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![G. Prokopiou's ZEPKO invests in education buildings, residences and offices in The Ellinikon G. Prokopiou's ZEPKO invests in education buildings, residences and offices in The Ellinikon](/media/blog/george prokopiou.jpeg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Agreement to purchase a 2% stake in Lamda Development.