METAMORPHOSIS / “Help me in this evil hour, O Giant”: The Tall One becomes religious, prays to his portrait on the wall!

 Kliko këtu për të tjera
Voxpress:

Paradox: Albanians are richer today, but they can't buy a house

2026-11-12 20:05:58Biznes SHKRUAR NGA REDAKSIA VOX

Paradox: Albanians are richer today, but they can't buy a house

Albanians are richer, but they don't even have the money to start buying a house. This is the paradox that emerged from the statements of the Minister of Economy and Innovation, Delina Ibrahimaj, who on the one hand spoke of economic development and income growth, while on the other hand admitted that Albanian families do not have enough savings to pay even the initial installment of an apartment.

During the presentation of the draft law on social housing to the Committee on Legal Affairs and Public Administration, Ibrahimaj presented the increase in revenues as an opportunity to expand state support.

But her statements highlighted another reality: even families that are not considered in need cannot afford to buy a home. And the solution the government is proposing is not an immediate price reduction, but rather an easier path to a bank loan.

"Economic development and the phase of economic development in which we are today allow us to continue to care for the needy, but also, given the increased income, we have the space and opportunity to care for those categories that are not considered in need, but who need affordable housing," Ibrahimaj declared.

But the minister also admitted that some Albanian families are unable to secure the initial amount that banks require to purchase a home.

"Without savings, it becomes impossible for an Albanian family to pay the down payment that banks require to purchase a home," she stated.

For this problem, the draft law provides guarantee mechanisms for families who are able to repay loan installments, but do not meet the conditions for the initial down payment or collateral required by banks.

So, the proposed solution is not an immediate reduction in apartment prices, but easing the conditions for financing with loans.

Regarding housing prices, Ibrahimaj promised further legal interventions.

"This law paves the way for us to carry out construction and have competition in building prices. With the laws that we will soon bring to Parliament, measures will be taken to reduce prices," the minister declared.

However, during the presentation, no concrete deadline for price reductions was given, nor was an estimate given of how much impact the announced measures might have.

The minister also presented the 30-40-30 formula, according to which 30% of new projects will be dedicated to social housing, 40% to affordable housing, and 30% for sale or rental on the free market.

"We want families who benefit from social housing to be a natural part of our neighborhoods and cities," said Ibrahimaj.

According to the minister, since 2018, around 31,000 families have benefited from housing support programs, through rent subsidies, soft loans, social housing, and improved housing conditions.

The beneficiaries of the new programs will be determined by decision of the Council of Ministers, while the quotas will be set by the board of the Housing and Social Cohesion Fund.

Meanwhile, questions about how much affordable housing will cost, how many families will specifically benefit, and when the first projects will launch still remain unanswered.

For now, citizens who do not have the savings to buy an apartment are promised relief in obtaining a loan. While for lower prices, they will have to wait for future government laws.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×