Italy's Luxury Housing Market

Keywords

A tattered Italian national flag hangs from the facade of a... News PhotoApartment,Bad Condition,Civilian,District,Europe,Expense,Facade,Finance,Hanging,Horizontal,Italy,Loan,Luxury,Mortgage,Mortgage Document,National Flag,Residential Building,Rome - ItalyPhotographer Collection: Bloomberg 2012 BloombergA tattered Italian national flag hangs from the facade of a residential apartment block in the Coppede district of Rome, Italy, on Wednesday, Jan. 2, 2013. Italian property sales often are reported to be less than the actual price paid to reduce taxes or skirt controls on money laundering, according to the website of the finance police, which reports to Italian Finance Minister Vittorio Grilli. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images