Property Rights Index in Italy compared to Europe
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Italy: Property rights index
A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.
Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.
The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.
The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.
Italy's house price statistics are of moderate quality. The best source of house price time-series is the semi-annual residential property price index from the European Central Bank and the quarterly house price index from Eurostat. General economic statistics for Italy come from the Bank of Italy and the National Institute of Statistics.