The Truth Behind Italy’s $1 Homes

Starting in early 2019, 20 towns across Italy began selling homes for €1, or about $1.10. Local governments hope the plan will attract fresh faces and new businesses to towns that have been suffering from rapid depopulation and a growing number of abandoned homes for decades. But, as detailed in this video from the Business Insider YouTube channel, the true cost of these homes turns out to be much higher than $1.

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