Milan, AAA room for rent wanted: post-pandemic prices drop by 11%
Students and off-site workers are preparing to return to Milan: second Immobiliare.it, in the last month there has been a significant increase in room searches in major cities. The numbers, compared to the beginning of the year, mark one record growth e for those who are planning to return to the city on the price front, there is good news: the monthly budgets necessary for the rental of a bed have in fact dropped everywhere compared to 2019, particularly in the three most expensive cities, viz Milan, Florence and Bologna. If in the first two in two years prices have fallen by 11%, a Bologna the decline reached 16%.
“Many of those who in the last year have studied or worked remotely, returning to their cities of origin and choosing to save on the high costs of leases, are planning to return to large centers – comments Carlo Giordano, CEO of Immobiliare.it – This is demonstrated not only by the data relating to room searches carried out on our portal but also by the online permanence of the advertisements which in the last month has significantly reduced, a sign of a renewed liveliness of the market. Costs are still affected by the pandemic period and this could be a good time for the off-site to find a bargain».
After the aforementioned Palermo, it was Venezia to record the largest increase in searches, scoring a +528%. Following Pisa, where interest is quintupled (+440%). Yes, they are searches tripled in Bari, Catania, Pavia and Siena, where the percentage of increase is around 200% compared to January. They grew up by double the searches of Bari and Naples. Even in cities where research has always maintained higher levels, like Milan, Florence and Bologna, volumes are up by 38%, 59% and 22% respectively.
Lower prices than in the past
As for costs, after years of increases that required ever higher budgets for those who chose to live in large centers to study or work, the pandemic has stopped the race. Indeed, it has reversed the trend, leading the average prices requested for rooms to lose up to 16%, as in the case of Bologna, where at the moment “enough” 375 euros to rent one (compared to the 447 requested in 2019). TO Milano the figure stops at 508 euro, 11% less than two years ago. Same drop noted a Florence, where today people spend on average 385 euro.
They went down by 9% the costs required a Torino (321 euros per month) e of 6% those of Roma e Palermo (respectively 423 and 219 euros / month).
“This newfound interest on the part of those who will soon return to populate our big cities has not yet been matched by an increase in the offer. In fact, in the months of the pandemic, the owners preferred to try to rent the entire apartments and evidently they have not yet changed their strategy, thus reducing the availability of rooms which, however, we believe will soon return to be populated to meet the growing demand.» conclude Carlo Giordano.