US EditionStruggling for Apartments. Investors in the Rental Housing Market Are Increasing, the Supply for Owner-Occupied Housing Is Decreasing
Summary by Hospodářské Nnoviny (HN.cz)
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A record number of available apartments, dynamic growth in supply and the first signals of price drops – a lot is happening on the housing markets of Białystok, Bydgoszcz, Lublin, Kielce, Rzeszów and Szczecin.
The Czech real estate market seems to be moving in a vicious circle. Due to poor legislation and endless permitting processes, far fewer new apartments are being built than there is demand for among people looking for housing. This is pushing prices up, often at a double-digit rate year-on-year. The tempting yields...
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