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Millennials: Italian residential property does not meet their needs

Posted: 18 May 2017

There are about 11 million millennials in Italy.

According to a study by Immobiliare.it, the most important online real estate ads in the country, 67% of Italian real estate, consisting of very large apartments with four or more rooms, is inadequate to meet the needs of the so-called Generation Y.

Only 10% of the residential stock consists of two-room houses and only 2% is made of one-room.