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  1. EconomyGreece and Cyprus

    Greece and Cyprus: 26% and 2.4% of people spend over 40% of income on housing

    Greece26.4%Germany11.2%Spain7.2%Italy5.0%Cyprus2.4%Spend over 40% of income on housing, % of people, 2025

    Greece is first of 30 European countries with 2025 data. In 2015 the share there was 45.5%, in 2010 18.1%. Cyprus has one of the lowest shares.

    Source: Eurostat: EU-SILC, housing cost overburden (ilc_lvho07a)Open on the chart →
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    Eurostat counts the share of people whose housing costs — rent or mortgage interest, utilities, upkeep — exceed 40% of household income. In Greece after the crisis almost one person in two lived like that; now one in four. In Cyprus, one in forty.

    Bars: share of people in households whose housing costs exceed 40% of disposable income, 2025.

    Eurostat, EU survey of income and living conditions (EU-SILC), table ilc_lvho07a: all ages, both sexes; housing costs net of housing allowances.

    A low share does not mean cheap housing: the measure counts everyone, including those living in homes they own outright, and says little about the young who rent. Income data refer to the previous year.

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    And prices? In 29 of 33 European countries housing is dearer than in 2015 even after inflation.

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