THE RESIDENTIAL REAL ESTATE MARKET

ITALIAN OVERVIEW AND THE CASE OF ROME

Abstract

After a hectic growth in the context of speculative bubbles and urban transformation that characterized the late 1990s and early 2000s, the real estate market is today faced with many difficulties, in a more or less pronounced way depending on the different countries. Among the most recent interpretative proposals, one in particular has been a stimulus to analyze the Italian situation. The price increase would result in a double phenomenon: the spatial homogenization of prices and the tendency to maintain the already existing geographic hierarchies. This article certainly does not pretend to exhaust the subject, but tries to understand whether similar dynamics are also reflected in the residential estate market of the Peninsula, offering an updated overview at national level and focusing in particular on the emblematic case of Rome municipality, where the dynamics seem to be more contrasted.