15:30 26 November 2024
Head of MFiPR: Polish developers’ margins twice as high as European average
Katarzyna Pełczyńska-Nałęcz, the Minister for Funds and Regional Policy, highlighted that developer margins in Poland have reached record highs, now at 30%, double the European average. She suggests that the Office of Competition and Consumer Protection (UOKiK) should investigate these margins, as they have increased significantly from 20% in 2014. However, she clarified that the ministry does not seek to impose direct regulation on developer margins, but rather wants UOKiK to ensure that consumer rights and fair competition rules are being followed. Pełczyńska-Nałęcz advocates for making housing more affordable, as "affordable housing" should mean lower costs.
