Investment opportunities in the residential market

[InTime News]

Investment steadfast Jefferies sees an accidental for investing successful Greece, arsenic well arsenic for Greek banks, successful the country’s lodging shortage.

Citing a caller study by Piraeus Bank, according to which there is simply a shortage of 180,000 homes successful the Greek marketplace which will take 5 years of lodging supply to cover, the steadfast points retired that the adjacent limb of concern successful Greece could beryllium to summation the supply of homes.

As it explains, different way to look astatine this contented is to comparison lodging concern spending arsenic a percent of gross home product: While it has accrued recently, it is still beneath the European Union average, astatine 2.3% versus 5.8%, so there is simply a important spread to beryllium filled.