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Home prices have soared far beyond PM Orbán's promises: even panel flats in Budapest are becoming unaffordable
Summary by Daily News Hungary
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Home prices have soared far beyond PM Orbán's promises: even panel flats in Budapest are becoming unaffordable
Budapest is rapidly heading towards a future where living in a panel flat feels like a luxury. According to Otthon Centrum (OC), prices in every district have risen by double digits, with some seeing increases of up to 45%—ironically, this applies to the cheapest housing estates in Kőbánya and Pesterzsébet. Experts expect the property market to pick up again in January, although momentum is already slowing this autumn. Panel flat prices skyrocke…
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