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ADPD highlights social cost of economic growth
ADPD highlights social cost of economic growth

ADPD highlights social cost of economic growth

Rental rates are rising continuously, placing a heavy burden on many households, ADPD The Green Party said Saturday. A study published this week by Solidarjetà, the renters' association, confirms that increasing numbers of people have no alternative but to rent. Many do not qualify for bank loans, while others face financial difficulties following

TMID Editorial: Malta’s broken rental market

TMID Editorial: Malta’s broken rental market

A study issued this week by the tenant's association Solidarjetà has found a complete lack of affordability in the private rental market sector, with those on minimum wage having no hope whatsoever of finding an affordable place to rent, and those on even median wages likely to struggle. The study, penned by economist Calvin Vella, measured affordability

Difficulties for those seeking to rent a home continue to worsen – PN

Difficulties for those seeking to rent a home continue to worsen – PN

Couples, families and individuals who wish to rent a property in Malta are finding it increasingly difficult to do so, the PN said in a statement. " According to a study published by the tenants' association Solidarjetà, carried out by economist Calvin Vella, rental affordability today is practically zero for anyone seeking to rent a home. The Housing

Most mid-priced rentals 'unaffordable' for those on €40k, study finds

Most mid-priced rentals 'unaffordable' for those on €40k, study finds

Mid-priced rental properties, even in the cheapest localities, are often "unaffordable" for households on salaries of €40,000, according to a recent study on rent affordability. The report published by tenants’ union Solidarjetà compared wages, rental prices and assistance eligibility against the aims of a Housing Authority rental subsidy scheme ,

Study finds lack of affordability in private rental market, Solidarjetà says

Study finds lack of affordability in private rental market, Solidarjetà says

A study has found that there is a lack of affordability in the private rental market sector that leaves tenants in a state of substantial financial strain, Solidarjetà has said. Solidarjetà has published a study titled "An Analysis of Affordability in the Private Rental Market in Malta," authored by economist Calvin Vella. "This is due to rising rents