Demand for housing loans has continued unabated after the January-June semester and after the long lull over previous years, households are scrambling to meet their housing needs while securing interest rates that apply today. Investing in real estate is not only a characteristic of the Greeks but also a safe haven in periods of high inflation when interest rates at deposits remain almost zero and they eat away any disposable income. This is why households are turning to property markets to invest in order to protect their savings over the long term. Demands for housing loans continued in July. at high levels over 6 months. according to the Greek and international press. Mortgage applications have risen by 8.3%
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