Hungary could build 25,000 new homes yearly

Construction industry association ÉVOSZ said government programmes and lower interest rates were necessary to boost the volume of home construction and renovation in a statement issued on Friday. Hungary could build 25,000 new homes yearly.

ÉVOSZ proposed the government announce a streamlined home renovation scheme and re-launch the Green Home Construction Programme to give the market a boost. It added that potential home buyers would hesitate to borrow unless interest rates fell under 5pc.

ÉVOSZ said no more than 16,000 homes would be completed this year, well under the sector’s capacity to build an annual 25,000 homes.

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Source: depositphotos.com

One comment

  1. History never LIES.
    In the 15 years of this present “Heinous” – Victor Mihaly. Orban – Fidesz led Government – they have POWERED over us, the statistics record – that in those 15 years alone – that deaths per year of Hungarians over new “little ones” being born – clearly the winner is DEATH.
    That is why this type of FALSIFIED written exhibited article – could be PROPAGANDA – driven by the Orban – Fidesz Government that totally lacks substance of FACT – explanation – is Wrongful.
    Sustainability of the Hungarian population – an AGEING population – the people movement exiting of Hungary in these “Horrid” Economic & Financial times, the ongoing DISTILLATION of DEMOCRACY in Hungary, by the Orban – Fidesz Government, expanding trade and “other” relationships with Russia and China – the word SUSTAINABILY very PERTINENT.
    WHO will COME to open the doors of the “overflow” at present of property’s for Sale and into the future as per this article – the DOORS of these dwellings / Houses. apartments, flats ???
    Budapest, Hungary – we have BEEN sold out – “scuttled” – by this “Heinous” – Orban led Fidesz Government – to be, through Loan agreements / Borrowings and “other” deals undertaken with China & Russia – “Palms being Greased” that we are in FACT – the “New” Silk Road of the East meeting the West ???
    Heartbroken and Infuriated.

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