Average of 5.8 years' salary to buy a house in Italy

Rome most expensive, Palermo the least

(ANSA) - Rome, January 26 - Prospective home buyers need an average of 5.8 years's salary to make their their dream come true in Italy, a study by Tecnocasa real estate agency said Monday.
    This is down slightly from the previous year, when it would have taken six years' salary to buy a house, the agency said.
    Rome is the most expensive Italian city to buy a house in terms of salary-to-price ratio, the study showed. It takes an average of 9.5 years' salary to purchase a home in the capital, against 7.9 years in Milan, 3.9 in Verona, and 3.6 in Palermo.


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