Since the beginning of 2019 until now, about 16 towns in Italy have launched a campaign to sell houses for only 1.1 USD/unit, or about 25,000 VND. The unique and strange program quickly received a lot of media attention, and immediately people from all over the world flocked to these towns, hoping to be able to buy cheap houses. like buying vegetables. However, behind it is a whole story about the effort to save the poor countryside that is in danger of disappearing completely on the map of Italy.
Homes are being sold for almost nothing as part of a plan to revive poor towns in Italy.
All the towns implementing this special campaign are facing an aging population because healthy young people are gradually leaving the country to look for job opportunities in big cities. After experiencing a devastating earthquake in 1968, many people decided to get insurance and move elsewhere, instead of renovating their homes with much higher fees.
Since then, the houses in these towns have been abandoned one after another and fell into a serious state of disrepair. The economy also collapsed and died slowly following the footsteps of those who left. That’s why the local government decided to sell such houses for almost nothing with two main purposes: Attracting more young, dynamic new residents to “revive” their hometown. ; and create new jobs with new establishments such as restaurants, construction companies, design companies… to revive the economy here.
The price of the house is cheap, but the price of repair and renovation is not “easy to breathe” at all.
It sounds appealing, but in return, homebuyers also have to accept quite a few strict conditions, and of course, they will have to prepare more money than 1 USD. First, in addition to the money to buy a house, they have to pay taxes about 400 USD; deposit from 2300 – 5600 USD depending on the town; and is required to complete the remodeling of his house within 3 years. According to estimates by Business Insider, buyers may have to spend up to 76,000 USD (more than 1.7 billion VND) to own a home that is listed for sale for 1 USD.
In addition, not all homes under this program are sold for such a cheap price, because some are auctioned and can be paid for up to several thousand dollars is normal. However, many people are still happy to actively participate, because they think that this number is still nothing compared to the price of land and expensive houses in some European countries or North America today.
Specifically, what is special about these 1 USD houses, please watch the video below.
[Vietsub] The truth behind the homes for sale for $1 in Italy: Home prices are as cheap as they are free, repair prices can make people fall back, but behind that is an effort to revive towns that are in decline. facing the risk of disappearing on the map of Italy.
According to BI