At a press conference held yesterday, the Association analysed the existing situation of the real estate market, pointed out its main problems and weaknesses, suggested proposals for overcoming these, and made forecasts on the market’s prospects.
Nicolas Kyriakou, a member of the Association’s board, spoke first on the state of the market.
He said that the “loosening of family bonds has been to the benefit of land investors, since young people are now seeking their own households.”
