How is the real estate market developing with neighbors? Czechs have cheaper mortgages sooner than us, expert raises warning finger

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How is the real estate market developing with neighbors? Czechs have cheaper mortgages sooner than us, expert raises warning finger

After the start of the war in Ukraine, inflation has tightened on most financial markets. In the world of living, this, apart from increasing construction costs or raw materials, mainly meant a sharp rise in interest rates. Slovaks got interest rate adjustments for a very short time from a comfortable one percent to more than four, which, along with freezing sales, also led to a rapid decline in real estate prices. In neighboring Czech Republic,…