Real Estate Debate: Focus on the Wrong Culprits?
An analytical article by Yiannis Misirlis criticizes the tendency during real estate price cycles to search for a culprit—currently foreign and particularly non-European buyers in Cyprus. The proposed policy response consists of stricter restrictions on property purchases by non-Europeans; however, this may be targeting the wrong group. The article questions whether these demand-side measures truly address the core problem of housing affordability.