Poland has one of the fastest-growing rental costs in the EU, with rents increasing by 66.5% over the past decade, placing it fifth in Europe. Rising wages have not kept pace with property prices, particularly in large cities like Warsaw, where buying a home is increasingly difficult. Economist Geoffrey Ditta’s study shows that home prices across the EU, UK, and Norway have surged since 2013, outstripping inflation and wages, making homeownership a distant dream for many.

In Poland, renting consumes over 30% of income for half of city residents, reaching 48% in Warsaw. Additionally, 35% of Poles face a "rental gap," unable to afford rent or purchase yet earning too much for government aid.

(300gospodarka.pl)


lifestyle

LifeStyle
14 days ago

Milanovo elevates December gatherings

LifeStyle
14 days ago

Why Milanovo Is the Perfect Place for Your December Celebration

LifeStyle
1 month ago

Robert De Niro, Chef Nobu Matsuhisa and Meir Teper host event in Warsaw’s Nobu Hotel

Book of Lists

Book of Lists
5 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.