EquiCity: Creating a Livable Future for All

Abstract

This analysis delves into the economic and housing situation in Thessaloniki, particularly focusing on the Vardaris and Xyrokrini districts. It discusses the relationship between urban development, economic resources, and resident housing. The article mentions the role of private investors in shaping gentrification processes and advocates for a balance between economic growth and preserving the neighborhood‘s character. Thessaloniki‘s economic landscape, driven by tourism, port activities, industry, and education, sets the backdrop for the discussion. The Vardaris and Xyrokrini districts, despite their central location, face economic challenges, manifested in dilapidated infrastructure and high unemployment rates. The potential of upcoming urban developments, including the metro system and growing tourism, presents opportunities for revitalization. The housing fabric in Thessaloniki, characterized by Polykatoikia structures, is contrasted with the more organized social housing in the mentioned districts. The article highlights the need for interventions to enhance living conditions, such as improving security and regulating Airbnb usage. Finally, the study proposes regulations to strike a balance between economic growth and housing affordability while fostering a sustainable future for these neighborhoods.