- Despite the increase in interest rates and the tightening of credit conditions, a strong labor market still gives people at the beginning of their professional career the opportunity to buy a flat. Earnings in some industries, however, do not allow you to get a satisfactory area.
- The expected decrease in interest rates in 2023 and the possible loosening of the criteria for calculating the maximum capacity for loans with a periodically fixed interest rate may strengthen the demand financed by loans.
- The factor that improves the availability of housing is the popularization of remote work and the emergence of new professions, allowing the choice of a place to live further away from expensive districts of large cities.
- A large share of households with the ownership title to the premises they live in is an important factor supporting the availability of housing and facilitating the replacement of housing in the event of changing needs in the life cycle. In conjunction with the housing boom and price increases in recent years, owning flats has generated a positive wealth effect and an increase in the purchasing power of households.
- Poland is average compared to other European countries when it comes to the ratio of remuneration to the price per m2 of housing, although the statistics are of great importance in the case of heterogeneous conditions in individual countries, such as the dominant type of buildings or the quality of the housing stock.
The Pulse of Real Estate: The availability of housing is not as terrible as it is showed (pkobp.pl)