Residential rents growing steadily nationwide
Photo by Peter Gudella / Shutterstock.com
After the low point in January, the good news for landlords is that residential rents have been growing steadily for several months nationwide, writes profitline.hu.
The end of summer has traditionally been the main season for the rental market, so the steeply higher price increase recorded in July than in the previous period is not entirely surprising.
Still, it is questionable how long the growth can last and whether pre-epidemic rents return or the market stagnates.
The long-term impact of the epidemic may be that the growth of domestic tourism in recent years will stabilize, and the turnover of traditional summer destinations will increase on an annual basis, which may further stimulate, and possibly expand the investment and rental market.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
2/3 of Hungarians Have Basic Expectation of Home Office
Time Out Market to Open in Budapest Next Year
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.
