Hungarians Hesitant About Renovation Decisions
Photo by ESB Professional/Shutterstock.com
The Ikea Life at Home 2022 consumer survey revealed that Hungarians are cautious for the time being, and are now waiting to make major decisions, such as home renovations, until they feel the economic conditions are more stable again, according to profitline.hu.
Some four out of five people regularly feel frustrated with their home, with most people annoyed because they do not know how to carry out renovations or repairs, there is no place for their things, or they have to do household work.
Renovations, or the lack of them, may be an additional problem for domestic respondents, who are more concerned about the economic situation than the world average.
More than half of the respondents (52% compared to the world average of 35%) consider it conceivable that the cost of living will rise significantly in the future, and negatively affect their plans for renovating their homes.
Those living in the same household with their children consider this more likely, some 65%
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.