Loans it's time for Millennials

Despite the continuing unstable global economic and political picture, the mortgage and loans market in Italy is showing encouraging signs. Future scenarios will largely depend on the ECB's choices. A less restrictive policy could favor the continuation of the current trend of credit expansion especially for younger people. The combination of ECB interventions and national measures, such as the CONSAP (Concessionaria Servizi Assicurativi Pubblici Spa) guarantees recently revised by the Finance Act, will support households' access to credit but with less significant impact than in the recent past. We asked two well-known voices in the real estate industry for confirmation: Renato Landoni, President Kìron Partner of the Tecnocasa Group, and Fabiana Megliola, Head of Research Office. “The ability to balance the fight against inflation with support for economic and social growth will remain one of the main challenges for the future. Given all this, we expect loans volumes to grow moderately in 2025. By the end of 2024 we estimate a total disbursement volume of 45 billion euros driven by recovering demand”, Landoni confirms.
President what are the forecasts for inflation in Italy in 2025?
“According to the latest projections, inflation is expected to fall to 2.2% in 2025 and 1.9% in 2026. GDP is also expected at +1% in 2024 and +1.1% in 2025. Employment expansion continues and wage dynamics remain robust. 
Wars also affect the economies of countries not directly involved.
Yes, risk factors remain that cannot be underestimated: the international sociopolitical situation remains tense and limits the stability and planning of global and Italian economic development. Institutions' credit policies remain careful but grant interesting opportunities, especially to young people who are intent on purchasing their primary residence. 
Who drives the demand for credit among young people?
Millennials and Generation Z are supported by both social policies and an upturn in employment conditions that are strengthening their ability to purchase.
Manager Megliola what are the basic parameters for buying a property?
In general we recommend choosing cities that are served by transportation, that have university areas or major companies in the area or that are investing in urban improvement and road connections. There are several cities in Italy on which to consider a possible investment. Milan, in recent years, has attracted many investors even if now the high prices lead to more reflection but it still remains a reality to focus on. Similar discourse for Rome too, which is working on urban planning and is increasingly focusing on tourism. 
Among the less “trendy” cities, where would you bet?
In recent years, Trieste and La Spezia have been considered for home-holidays and Ferrara chosen by investors who can no longer access the Bologna market.