Government to unveil new housing policy to respond to rising rents
The government on Friday will make announcements regarding its new
housing policy strategy, philenews reported.
The strategy was presented during a cabinet meeting yesterday by Interior
Minister Constantinos Petrides.
The new policy scheme aims to introduce new tools and incentives for the
construction of buildings that will be rented or sold at affordable prices.
It also aims to increase the number of houses available in the property
market. Experts say that one of the main reasons behind rising property
prices is that, currently, demand is exceeding supply.... [
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