Our Managing Partner Guido Alberto Inzaghi offered his perspective in Il Sole 24 Ore on the new Housing Plan approved by the Government, offering an analysis of the main urban planning and real estate implications.
In his contribution, Inzaghi highlights how the plan is based on the widely shared objective of increasing the supply of sustainable housing and promoting urban regeneration projects, while at the same time presenting a number of critical issues that may limit its practical effectiveness. These include the excessive centralization of governance, the existence of a regulatory framework that remains uncertain under several operational profiles and, above all, the decision to reserve the most significant simplification measures exclusively for programs supported by foreign investments exceeding EUR 1 billion.
According to Inzaghi’s analysis, there is a material risk of significantly curtailing the range of transactions genuinely eligible for the available exemptions and incentives, thereby penalizing smaller-scale operations that are nonetheless capable of making a concrete impact on housing distress and urban regeneration.
The central issue therefore remains the identification of an effective balance between investment attractiveness, social sustainability, urban quality and regulatory certainty, so as to fully unlock the potential of private initiatives dispersed across the territory.
Here the full article.