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A Significant Price Drop Is Expected in the Budapest Housing Market, and the Expansion of Supply May Bring the Expected Relief
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More and more housing investments are receiving priority status, according to an analysis by ingatlan.com, which the real estate advertising portal prepared in connection with the draft decree submitted for public debate. Nearly 4,300 apartments may be built within the framework of the eleven developments. Several investments have received rust belt classification, which may mean additional discounts for buyers, as they can also claim back the 5…
The Hungarian real estate market is about to undergo a transformation. Thanks to a recent government decision, the construction of thousands of new apartments may receive priority status, which could not only shake up the market for new-build properties, but also keep the prices of used apartments in check. The aim of the developments implemented under the Home Start program is to enable young people and first-time home buyers to finally own the…
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