Over the past year, housing prices in Italy fell by 4, 2 %, and this result was recorded in the last quarter of last year, according to the indicators of Knight Frank, which were recently published. Who would have thought that this period of last year is a decline in 4, 2 %, will lower Italy into almost the bottom of the World List. Many could not imagine such a thing, but this is the reality in which we now live. The whole truth is that the powerful incentive in the economy and in the real estate market around the world led to the world crisis, which in general reached the depth that many people were so afraid of. The list has several leading countries whose indicators have already doubled — these are China, Hong Kong and Australia. In these cases, stimulation was much greater than the situation required, and the harm done to the economy was much less than that expected and afraid. The lift of liquidity caused a sharp jump in prices. Meanwhile, the indicators of Italy depended primarily on stability in the real estate market and on the control of the government over speculation. On the part of Italy there were few proposals about stimulating the real estate market, with the exception of a policy inherited from the European Bank, which consisted in reducing the key interest rate at the beginning of the crisis. In a way, this declining in Italy by 4, 2% more significant than the growth of indicators by half. If no more significant, then anyway, more favorable. Explanation: those countries that are in the first places in the list will now have to work without lingering the hands in order to stabilize the situation in the market, or, perhaps, and at the same time get out of the situation, avoiding repeated crises, Italy will be able to calmly start returning to the previous ways of stable growth.
