Most Poles consider apartment prices too high

A survey by rankomat.pl indicates that 62% of Poles find current property prices excessively high, with record-breaking figures hindering many from affording new homes. The impact of the "Safe Loan 2%" program is cited as a major factor in both drastic price increases and a drained property market. Sixty-seven percent of respondents believe a price decrease is crucial for property affordability, while only 25% anticipate support from a new public program. Concerns arise about the potential for such programs to further escalate prices. The proposed "Mieszkanie na Start" program aims to replace Bezpieczny Kredyt 2%, focusing on supporting first-time buyers with lower incomes and families with children, beginning in the second half of 2024 and 2025, with subsidies for loan repayments over ten years and a budget of PLN 500 million allocated for this year.

Critics express concerns that the launch of another program may further drive up property prices.

Source: WBJ