The International Monetary Fund reported today, that Greece suffered the second largest worldwide decline in real estate prices last year.

The new list of property assets to be “developed”, in other words privatized in some way, or another, has been finalized and posted on the government gazette. The assets will be transferred to state asset privatization fund TAIPED.

The crisis has brought the price of Greek real estate to rock bottom prices, something known to any Greek that has attempted to sell property in recent years.