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and its value has collapsed. pay me back. of course i'm worried. what can i do? everywhere there are shelves of tower blocks which appear abandoned. this problem with real estate supply and demand isn't limited to this area. it isn't even limited to this city. you can drive out of here for hours and you'll find clusters of towers with unoccupied or unfinished apartments, many where workers stopped altogether. and consider that the same thing is happening in province after province right across the country. one estimate says that amount to 26 million unsold newly built homes. that's enough to house the entire population of italy. and it's also draining confidence. there's also not enough jobs for young people. 21.3% of 16 to 2a—year—olds didn't have one injune, prompting the government to stop publishing those numbers altogether. part of the problem is less jobs are being created by foreign companies. in september, foreign investment was down by a third compared to the same time a year earlier, amid global economic challenges, including inflation and those us—china tensions in the chinese system.

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