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To continue existing, Italian city pays rent to future resident

Teora will provide homes and pay rent to newcomers

City in Italy will give houses and pay rent to newcomers

The town of Teora, located in the southern region of Campania, Italy, has adopted a new tactic to survive: paying the rent of its future residents.

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According to CNN, the city of Teora wants to pay 150 euros (around R$703) to newcomers who want to rent a house for two years, or 5 thousand euros (around R$23 thousand) for these people to buy a permanent home in the region.

The tactic is not new. Years ago, well-known regions in Italy, such as Sicily, sold abandoned houses to investors who wanted to renovate them for just 1 euro.

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Speaking to CNN, the mayor of Teora, Stefano Farina, said that to participate in the initiative you will need to meet some rules, such as having lived in the city for at least three years and having at least one child when registering for the program.

The city is also offering waivers of school meal fees and local taxes for local services.

Farina explained that an earthquake in the mid-1980s compromised the city's buildings, leading many young people to flee. There are 1,5 inhabitants, with only two babies born per year and 20 elderly people dying.

In addition to the houses not being destroyed, as they were renovated after the earthquakes, some of them are furnished.

Farina said that so far, two Italian families have settled and one from Brazil with Italian roots is also living in the city.

Take a virtual tour of the city:

By CNN

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