Politis

Addressing the Housing Crisis in Cyprus: A Path to Rural Development and Demographic Revival

Published January 16, 2026, 17:21
Addressing the Housing Crisis in Cyprus: A Path to Rural Development and Demographic Revival

Michalakis Christou analyzes the housing crisis in Cyprus and proposes solutions. He points out that the government's announcement to build housing units in Limassol with a 30% reduced rent is insufficient to solve the problem, as the cost of living remains high. He suggests adopting a new housing policy, similar to the one in 1962, with the construction of housing in remote and disadvantaged areas and the gradual transfer of ownership to tenants. Additionally, he proposes incentives for the decentralization of services and businesses, improvement of the transportation network, and encouragement of universities to operate schools in areas affected by urbanization, in order to revitalize the countryside and address the demographic issue.