Naples
Naples

Naples

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Population (AI)

969,400

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Last edited
Sep 30, 2024 6:49 PM
Category
Local programs

Housing Market

The housing market in Naples, Italy, is experiencing significant challenges. Over the past decade, house prices in Naples have decreased by 38%, a more severe decline than the national average of 30.8%. The city is grappling with a housing crisis, characterized by high levels of housing deprivation and a lack of strong social responses to address these issues. In Naples, a substantial portion of the population rents their homes. According to Eurostat data, a significant percentage of the population lives in rented accommodations, with many households facing high housing costs relative to their disposable income. The city's housing crisis is exacerbated by tourism-driven displacement, where housing returns have become a dominant income source, often surpassing wages. To support and build affordable housing, Naples is exploring various strategies. The city aims to promote multifunctional homes and properties with outdoor spaces, which are in high demand due to the rise of remote working. Additionally, there is a focus on developing social housing units and implementing policies to reduce housing costs and improve living conditions for residents. These efforts are crucial for advancing affordable and sustainable housing in Naples.

Further Actors?

Cooperatives

Housing cooperatives in Naples play a crucial role in addressing housing inequity and providing affordable housing options. These cooperatives are part of a broader movement to ensure decent and affordable housing for vulnerable populations, including low-income families, immigrants, and the elderly. In Naples, housing cooperatives manage a significant portion of the housing stock, offering both undivided ownership units and social housing units. While specific market share data for Naples is not provided, the city's housing cooperatives are part of a larger network of cooperative housing initiatives in Italy. Recent years have seen the emergence of new housing cooperatives, particularly those focused on self-recovery and self-rehabilitation projects, which involve residents in the rehabilitation and management of housing units. The city promotes cooperative housing through various initiatives, including public land concessions for accessible building projects and support for community-led housing models. These efforts aim to enhance social and territorial cohesion, encourage active citizenship, and foster community participation in housing development.