FIAIP asks Monti for Immediate Intervention: "Without the Real Estate Industry Italy can't Recover"

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"There are many factors causing the decline in the number of sales in Italian Real Estate market; surely the one that weighs more is the constant attack that for almost a year has been taken by many politicians and media" claims Paolo Righi, National President of Fiaip, the Italian Federation of Professional Real Estate Agents.

FIAIP logo

FIAIP logo

Without the Real Estate industry Italy can't Recover

FIAIP has been for over 30 years the reference point for all real estate professionals in Italy as well as the leading association recognized by the European Commission. Over 12,000 associates and 18,000 real estate agencies belong to FIAIP.

Asking the Italian Government for an extraordinary plan to revitalize the sector, Paolo Righi criticizes the habits of media centers "to analyze the real estate investment in the short term while the real estate market offers many opportunities that should be learnt, both by investors and by their families; if we go on spreading partial data, we won't help the market to regain that confidence in the future that we all need."

Since the half of April FIAIP launched a series of new initiatives, ranging from social responsibility to online marketing, in order to revitalize the image of Italian real estate sector. After promoting a National Charity Campaign to aid the victims of the recent Emilia Romagna earthquake, FIAIP and Omnia Group - a leading PR and digital marketing agency - released, a brand new website that will serve as a portal for real estate professionals across Italy. These initiatives had no official response or support from the Italian Government.

Paolo Righi wants the Italian Prime Minister not to forget that the real estate sector accounts for 20% of Italian GDP: "When you discourage the industry you actually endanger hundreds of thousands of workers and self-employed agents."

"The political parties that currently support the government abandoned the real estate sector: unfortunately this industry is now seen exclusively as the cash ATM to pay off the hole of Italian public spending that is actually out of control. The growth of our country can only restart from real estate and we need urgent measures to encourage investment in housing and leasing. Spain recently liberalized the rental market: we hope that our government will finally take the same action, freed from all ideological constraints that have always plastered the rental market."

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Elena Razzai
Omnia Group
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