Italy is a land endowed with a long and rich history. It has been the cradle of great civilisations, including the Etruscans and the Romans, whose empire shaped the course of Western history like no other before it ...(http://www.globalpropertyguide.com/about-Italy-652)
Unlike most countries in Europe, Italy did not experience sharp house price falls with the global financial crisis. After rising more than 70% from 1998 to 2008, the house price index has largely been unchanged since the crisis, falling 0.3% y-o-y to H1 2010 (the most recent data available), according to the Bank of Italy.(http://www.globalpropertyguide.com/Europe/Italy/Price-History)
