Over the past five years, the dream of house has always become more distant For Italian families. THE sales prices and canons of rent are Growing more quickly than wagessignificantly increasing the economic effort required to obtain a home: Today it takes 6% more than 2020 To rent or buy a house, according to the analysis of the idealist real estate portal. From the last 2020 quarter to the same period of 2024, the effort rate – the indicator that measures the weight of the expenditure for the house on available income – has risen from 12% to 18% for purchase and from 24% to 30% for rent.
Effort for increasing purchase
In recent years, wages in Italy have not been able to keep up with inflation, causing a significant Loss of purchasing power For many families. In the real estate sector, this erosion of purchasing power has contributed to the increase in the effort rate, i.e. the portion of income necessary to bear the housing expenses. Despite a recent Decreased interest rates on mortgages, the average effort rate For the purchase of a house in Italy it is now At 18% Against 12% of the quarterfinals 2020, with significant peaks in some cities?
The situation in the city
The capital where to buy a house has always become more demanding In the last 5 years it is Bolzanowith a 14% leap compared to 2020. They follow Rimini, Naples and Verbania (all on 13%), Florence, Venice, Milan and Monza they saw an increase in weight for purchase equal to 11%, while Rome Record a +9%. Palermo and 13 other capitals show growth in line with the national average (6%), While 54 cities remain under this level, with increases ranging from 5% of Lecco to 2% of Caltanissetta. No city has recorded a decrease or stability of the effort rate for purchase.
The cities with higher effort rates are Venice (37%), Bolzano (35%) e Milan (33%), followed by Rimini and Naples (both of 32%), Florence (30%), while Rome stops at 27%. These cities highlight how access to real estate property is particularly heavy in certain areas of the country. On the contrary, in other cities, such as Biella and Caltanissetta, the effort rate is significantly lower, attesting to 8%, indicating greater accessibility to the local real estate market.?
Rentals: the effort grows everywhere, Florence the worst
Over the past five years, the lease market in Italy has undergone one significant transformation, Characterized by a marked reduction in the offer of long -term rentals and a consequent increase in canons. This change is mainly attributable to Growth of short tourist rents and transient contractswho have removed availability from the traditional market. In this context, Florence It emerges that the city where the economic commitment required of a family unit to rent a property is increased more Compared to 2020, with an increase of 21%, going from 27% to 48% of the income intended for rent. Follow Como with an increase of 14% (from 32% to 46%), Naples and Rome Both with an increase of 13%, reaching 47% and 41% of the family income respectively to be allocated to pay the fee, well beyond the sustainability threshold indicated by the experts.
Other significant increases are recorded in Vicenza (12%) and Venice (11%). Milan marks a 10% double -digit increase in five years, with an effort rate that now affects 40% of family income. Parma, Verona, Lodi, Lecce and Grosseto align themselves with the national average of 6%. In 17 capitals the effort for the rent remained stable, while in 10 it even decreased-with Oristano to guide the reverse trend (-6%).
