9:07Why Italy is Paying People Renovate Their Homes?
775 views · 2d ago · 9:07
In 2020 Italy offered homeowners a 110% tax credit on qualifying renovation work. Spend €100, receive €110. Because the credit exceeded the cost, and because it could be handed to the builder or sold to a bank, the household paid nothing and nobody in the chain had any reason to care what the work cost. ENEA put investment admitted under the scheme at about €125.8bn by the end of 2025.













