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With an emphasis on both sale and rental pricing, this thesis explores the variables affecting
Milan residential property values. Milan is currently experiencing a housing affordability crisis
brought on by quickly rising real estate costs that are outpacing both the supply of new homes
and salary growth. This study uses a quantitative approach to investigate the effects of
five major variables on real estate prices: the Consumer Price Index (CPI), Population Growth,
Construction Cost, Interest Rates, and Transaction Volume. The study determines that population
growth and the cost of building are the main causes of price rises, especially in the rental market,
using a multiple regression model and correlation analysis. Remarkably, more general
macroeconomic factors like interest rates and inflation have little to no effect. The results
emphasize how regional elements like home demand and
building prices shape Milan's real estate market. To address growing rent prices in the city, lower construction costs, and
enhance the availability of housing, the study's recommendations for policy solutions are
provided at the end.
