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00:00 - Intro
00:49 - Part 1: The Empty Houses Epidemic
02:15 - Part 2: The Hidden Crisis
05:00 - Ad Masterworks
06:27 - Part 3: Running Out of People
Views : 2,212,961
Genre: People & Blogs
Date of upload: Apr 2, 2023 ^^
Rating : 4.785 (1,739/30,648 LTDR)
RYD date created : 2024-05-20T04:17:14.981222Z
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YouTube Comments - 3,750 Comments
Top Comments of this video!! :3
After 30 years living in Italy and 30 years trying to help people find work, I can confirm the message of this video. There is also the problem of excessive tax and nightmarish bureaucracy.
1.1K |
A major factor is the fact that you basically can't hire anyone in Italy. The insane regulations require a license for everything, even IT positions. Instead of pandering to older populations (for the votes, or cash, if they're domestic or foreign, respectively) Italy should maybe, just maybe, give a tiny bit of a chance to the young. Demographic crisis is a consequence of not letting the young people to work or do business of any kind.
2.2K |
Yup, youâve got this just right, I left Italy in 1996 for the well known reason that at 23 you were already too old for job Announcements requiring: âmax 22 anni, nella presenza, multilingue, laurea e esperienzaâ. đŽ All my Italian colleagues at work have experienced good professional growth in the U.K., something impossible in our country where nepotism and personal recommendations reign, giving opportunities to family and friends who might not always be the most qualified people for the job. Also, I remember being at Uni and studying economics, and by the end of the course I suddenly understood why the system would never work: because itâs literally designed to crush workers and students and suck all their earnings and time in endless bureaucracy and taxes on everything possible. I will always love and miss my country, but I can never return. Except for holidays. â¤
238 |
Just for your info:
0:04 Dolomites
0:06 Cinque Terre
0:15 Rome, Colosseum
0:21 Rome, Ponte S. Angelo, Vatican
0:25 Milan, Duomo
0:28 Alberobello
0:34 Firenze
0:54 somewhere in Tuscany
0:58 San Gimignano
1:13 Chianti
1:17 Amalfi
1:25 Palermo
1:35 somewhere Liguria (?)
1:41 ??
1:55 Capo Miseno, monte di Procida
1:59 Cinque Terre
2:09 Val D'Orcia, Tuscany
2:19 San Gimignano, Tuscany
2:24 Bergamo
2:28 Bergamo
2:30 Milan
2:38 Milan, Galleria VIttorio Emanuele
3:33 Milan, Unicredit Tower and Vertical Forest
3:41 Rome, Colosseum
3:46 Rome, Vittoriano
3:53 Amalfi
3:58 Palermo Via Maqueda
4:07 Perugia
4:10 Portofino
4:24 Milano
4:32 Rome, Vittoriano
4:49 Vatican S. Peter
6:27 Verona
6:48 Ferrara
6:54 Firenze
7:41 ??
7:45-55 Venice
8:15 ??
8:21 Cinque Terre, Vernazza
8:26 Cinque Terre
8:42 ??
9:14 Cortona
9:22 Venice
9:28 Milan, Naviglio grande
9:36 Val D'Orcia, Tuscany
10:02 ??
10:09 Milan
10:20 Rome
(Hints for unknown are welcome!)
149 |
Here's another issue: I was a young Italian who left Italy due to a lack of opportunity. After a successful number of years abroad I decided to return (missed my family, friends and Italian culture) but Italy doesn't make it easy, either, for those wanting to make it back after spending time abroad. It's just all a out quick fixes without thinking or planning with long term solutions in mind (like these free houses which are designed to create revenue for local politicians many of whom don't give a damn about the average struggling Italian). I for one resent this free house giveaway exactly because I know the dark truth behind it all. Anyway, in the end I had no alternative other than to leave again. It's a completely and utterly ridiculous situation.
1.1K |
as an italian 19 yo guy i have to thank you for this video; most of us don't realize how bad our economy is.
2.4K |
There's a forum where house owners all shared the cost for a builders licence. Tey also now offer a service where You can get your works signed off for a small cost under this licence. The guy is Italian but has a wife from Australia and was sick of all the madness trying to get his house renovated.
43 |
This is spot on. As a Brit living here for over 20 years I continue to struggle to find decent employment. With my education and work experience I was always employed in the UK. If you buy a home or car then your bombarded with no end of taxes. Just try and sort out any form of documentation here and you will lose your mind. Quite honestly I would leave tomorrow but my other half is still attached to this place. History, culture, food etc. is all great, but without economic growth, investment and opportunities it is tough here.
76 |
An Italian friend told me it took 17 licences to open a shop. The short cuts needed to do anything involve paying bribes
347 |
As a property owner in Italy, I know firsthand what a ripoff some properties there can be! Best to buy something that is "habitable" without major renovations/fixes because the cost of doing them is ridiculously high! You need a permit for everything which is crazy expensive, a geometra or architect (good luck finding one who doesn't require a 10.000euro "feasibility study" just for starters), and (some) contractors will take your money and run, knowing that outsiders really aren't likely to sue. Italians themselves don't pay a lot for properties, but boy, they know how to take advantage of foreigners!
795 |
you can just say Japan every time that you say Italy and this video still makes total sense. Impressive how similar the situation are in these 2 countries. I've been living in Japan for more than 10 years and I was thinking to move out to Italy... Genius!
60 |
I will say, that was the smoothest transition into a sponsor I have ever seen. Everyone needs to do this because I actually watched the entire sponsorship section.
21 |
Nepotism : check.
Not-my-job's-worth attitude.
Little to no planning.
"Somebody else will take care of it" approach.
Ostentation first, effort later.
Fear of initiative lest lose your job : check.
Love of fancy titles and social standing over hard-earned dignity.
Too much time discussing cuisine and football : insanely true.
Embezzling : sad but true, at all levels.
One Calabrese, One Sicilian, or One Neapolitan is fine to work with. Another joins you and the two of them will surely set up some kind of scheme.
Trust me. I know. I live here.
⤠and respect from Reggio di Calabria.
159 |
I am Italian, and that is all true. But another factor is that culturally Italians like to live in cities, not villages or the countryside. So while house prices are very high in cities (for Italians, but even for foreigners they are not that cheap) in villages not that far away they can be 1/6 of the price. Such extreme differences do not exist in for example the UK (where houses in nice villages can be very pricey, as people prefer to live in the countryside).
501 |
I live in Italy and Canada. And I gotta say that sadly Canada has recently been collapsing really fast.
Living in Canada is becoming practically unaffordable by most (younger) Canadians. No future.
If this keeps going, Iâd pick Italy over Canada in a heartbeat !
Also keep in mind that Italians are famous complainers by nature, even when they have it good.
82 |
Been away for 30 years now, lived there for 20. Miss Italy on every level. This video saddens me, i wonder if I ll ever find the courage to go back đ˘
17 |
Italy is not alone, Portugal, Greece, Spain and many other countries face gentrification. Italy is a beautiful country with a fantastic history, Italians are really nice people and food is great, but unfortunately the country is ruled by corrupt politicians and the Mafia. Bureaucracy is hell and cost of living is high. Italy is definitely a good country for tourists and for the wealthy, but not for entrepreneurs and the young who want to prosper.
957 |
I don't think they want people who don't understand any of this. They want people that will ultimately stay and correct the problem. My wife and I are Americans who bought a home in Italy in 2022. We both work online and that's why these deals made perfect sense for us. We did not get a 1 Euro home however, but decided to spend a little money on a much nicer home in the country. We lose literally no standard of living from America - in fact it actually improves because the cost of living is way lower. I believe with the change in mindset from Covid, people are deciding what really matters to them, and I believe this will have a positive effect on Italy's population crisis, that so many other countries also share.
50 |
i live in Italu 4 years now and I can pretty much agree with everything.. as young professional you can expect to make a career unless you really learn italian and make great contacts no matter how prepare you are professionally
12 |
@ExplainedwithDom
1 year ago
Check out the sponsor of today's video Masterworks at: www.masterworks.art/explainedwithdom
79 |