April 1996, Vol 21, No 1

Abstract: In this article Alberto Lunghini discusses the trends in Italy’s economy and property markets and documents problems which are similar to these in the U.S. and other major countries. The downturn in Italy’s property markets took place in the early 1990s, whereas in the U.S. it began in 1987-1988. And while most property markets in the U.S. have largely recovered, Lunghini predicts this will not happen in Italy until the latter part of the decade. This may be a propitious time for international investors to consider Italy!