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Stories tagged #Debt-to-Income

Stories from people, places, and perspectives across Europe

The €5K Trap: Why This Bologna First-Time Buyer Is Walking a Financial Tightrope
Italy

The €5K Trap: Why This Bologna First-Time Buyer Is Walking a Financial Tightrope

A 28-year-old metalworker in Bologna plans to spend €65K of his €70K savings on a €225K apartment, leaving just €5K buffer against a €750 monthly mortgage. We break down why Italian banks are saying yes to deals that leave zero margin for error.

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