Inconceivable.

How large is this decline?
It is related to the overall fall in incomes. But the reduction is still different from region to region and depends on the ratio between supply and demand. However, on average, we can say that it is moving between 20-50 per cent compared to prices in 2008. As I have already stated, the first reason for this decline is in the psyche of people. The second is, that buyers are waiting for the prices to fall further. Under the pressure of high taxes some citizens decide to sell their properties quickly, offering very good prices indeed....
What changes did the increased taxation cause to the property? What is the percentage of people who are selling their property to avoid paying high taxes?
The percentage of people who prefer to sell their property to avoid high taxes is great but I cannot say an exact figure. In all cases, all taxes imposed on property, together with the fact that more and more tenants are unable to pay their rents on time or at all, have forced a number of people to try to sell them.
However, these are mainly homes. Availability of large properties, bought for investment purposes, is not that big because their owners are waiting for improvement of the market conditions in order to sell them at higher prices than today's.

Properties in Greece have fallen between 20-50 per cent