Local Greeks pushed out as mass tourism takes over Athens
In Greece, the success of the tourist industry is making it difficult for local Greeks to keep up with surging property prices. Short-term rentals are booming, while chain stores are replacing local retailers. Residents are being forced out, with more than 40 percent of their disposable income spent on housing – more than in any other European country. FRANCE 24's Nathalie Savaricas, Laurent Laughlin, Aris Dimitrakopoulos and Nikos Kollias report from Athens.
In Greece, the success of the tourist industry is making it difficult for local Greeks to keep up with surging property prices. Short-term rentals are booming, while chain stores are replacing local retailers. Residents are being forced out, with more than 40 percent of their disposable income spent on housing – more than in any other European country. FRANCE 24's Nathalie Savaricas, Laurent Laughlin, Aris Dimitrakopoulos and Nikos Kollias report from Athens.
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