Coronavirus – Jobbik calls for state involvement to resolve ‘housing crisis’

The party also proposes launching a state-backed programme to build housing to let #estate #property #coronavirus

Opposition Jobbik said on Saturday that state involvement was needed to resolve a “housing crisis” in Hungary.

The government decision to reduce VAT on home construction in brown belts represents the “watered down” version of a Jobbik proposal, deputy leader Daniel Z Karpat told an online press conference.

Jobbik supports reducing VAT to 5 percent for newly built property serving public purposes and additionally calls for a fund to be set up in order to support people unable to pay their rents, he said.

The party also proposes launching a state-backed programme to build housing to let, he said.

If the state leaves the development of the situation to market trends, then after a few months of dropping prices, rents will unavoidably start rising again, he added.