House prices more than doubled in Estonia, Hungary, Lithuania, Latvia, Luxembourg, Czechia and Austria during the last 13 years (ec.europa.eu)

submitted 1 year ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

When comparing the first quarter of 2023 with 2010, house prices increased more than rents in 18 EU countries.

Over this period, house prices increased in 24 EU countries and decreased in three. They more than doubled in Estonia (+200%), Hungary (+180%), Lithuania (+146%), Latvia (+132%), Luxembourg (+126%), Czechia (+123%) and Austria (+122%). Decreases were observed in Greece (-14%), Italy (-9%) and Cyprus (-2%).

For rents, prices increased in 26 EU countries and decreased in one, with the highest rises in Estonia (+212%) and Lithuania (+165%). The only decrease was recorded in Greece (-22%).

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 4 points 1 year ago

It's almost scary how true it is. We were planning to buy an apartment here with my wife in the future, but now thinking about just moving to a different country for a decent living. Sounds extreme (the hardest part is leaving all the friends and family behind), but we really want to live like normal human beings. Thanks to remote job for the opportunity.

this post was submitted on 06 Jul 2023

50 points (98.1% liked)

Europe

8485 readers

3 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out [email protected]

founded 1 year ago

MODERATORS

[email protected]