Measures in the government’s recently unveiled New Economic Policy Action Plan supporting home construction and renovation could pave the way for construction companies to add 1% to GDP growth, Évosz said.
Évosz urged mandatory registration for contractors and building products in the support scheme as well as streamlined environmental certification.
The association said the introduction of an artificial cap on home rents would weigh on property development and create an incentive for black market activity.
The association recommended the launch of a rent-to-own program for young people.
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