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RE: LeoThread 2025-03-01 19:51

in LeoFinance3 days ago

Part 6/9:

The influx of foreign buyers lured by low prices offers a dual-edged sword. While foreign investments can rejuvenate historic towns, they do not resolve the fundamental issues of Italy’s declining population. Properties purchased at symbolic prices often serve as vacation homes rather than permanent residences, thus failing to attract new residents who can contribute to economic and community growth year-round.

The unfortunate reality is evidenced by many historical districts that, over time, have lost their vibrancy and liveability as native populations dwindle. Aldo Polizzi, a government official, articulated the sentiment: witnessing the emptiness of once-bustling neighborhoods filled with history is a tragic sight.

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