Ukraine Crisis: Refugee effect not yet present in rental market
Photo by Alla Simacheva / Shutterstock.com
Rents continued to rise in the Budapest rental market in February, but the effects of the Russo-Ukrainian war that broke out at the end of the month are not yet felt, according to an analysis from rentingo.com.
The research showed that landlords asked for an average of HUF 162,000 in February.
Since the end of the month, more and more refugees have registered on the community apartment search platform, partly Ukrainians and partly international students studying in Ukraine.
The population's solidarity is shown by the fact that relatives, friends, and acquaintances often help people who find it difficult to secure an apartment.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
