My Home has little impact

Only 4,706, compared to the initial demand of 36,544 applications submitted, under the "Spiti Mou" (My Home) program for mortgage interest subsidies, have secured the much-desired approval.

These are cases where the right property for purchase has been found, which is also the important factor that makes the operation of the program difficult, given that demand is guaranteed.

According to the relevant data from banks, out of 36,544 applications, seven out of 10 have been evaluated (25,573). Of these, pre-approval has been given for 69%, or 17,606, and of those have reached the final stage, 4,706 have been approved. The remaining applications, or 30%, were rejected, as those interested did not meet the requirements.

The program is aimed at young people aged between 25 and 39 years of age who are interested in acquiring a residence, with the property's year of...