Hungarians must work almost eight years to buy property
Hungarians have to work, on average, 7.8 years to pay the price of a new 70 sqm flat, according to a study compiled by consultancy Deloitte, Hungarian news agency MTI reported yesterday.
Deloitte put the average price of a new home in Hungary at €960 per square metre last year, 25% cheaper than in Czech Republic and about 15% less than in Warsaw.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.