The Truth Behind Italy’s $1 Homes
Published – 08/03/2020 2:32 pm
Starting in early 2019, 20 towns across Italy began selling homes for €1, or about $1.10.
Local governments hope the plan will attract fresh faces and new businesses to towns that have been suffering from rapid depopulation and a growing number of abandoned homes for decades. But the true cost of these homes turn out to be much higher than $1.