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Hungarian parliament to debate proposal on sell-off of council flatsHungarian parliament to debate proposal on sell-off of council flatsHungarian parliament to debate proposal on sell-off of council flatsHungarian parliament to debate proposal on sell-off of council flats
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Daily News Daily News · 24/05/2021
· News To Go

Hungarian parliament to debate proposal on sell-off of council flats

Budapest China education Fidesz higher education housing Hungarian government Hungarian parliament parliament property
parliament budapest

Lawmakers are expected to begin debating a bill on the sale of local council owned apartments affecting mostly Budapest districts during a three-day session starting on Tuesday.

According to the agenda proposed by the speaker, the session will begin at 1pm on Tuesday with speeches prior to the agenda, which will be followed by questions to members of the government.

On Wednesday, lawmakers could vote to amend this year’s budget and pass a law on real estate records.

The votes will be followed by debates on ten proposals.

These include a bill submitted by ruling Fidesz MP László Böröcz that would enable current tenants of council properties to buy them at discounted prices and an amendment proposal to the Civil Code.

On Thursday, parliament is scheduled to debate the establishment of a foundation to operate Fudan Hungary University, the local campus of China’s Fudan University, the establishment of a student quarter in Budapest’s 9th district, as well as an amendment proposal to the law on nuclear energy.

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Read alsoWhy is real estate getting more expensive in Hungary if there is a crisis?

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1 Comment

  1. Seen it before says:
    25/05/2021 at 11:37

    The UK started the big council home sell off in 1980. It had a lot of unforeseen consequences, mostly negative. It pushed up private rents, made it much harder for both single and married people to have an affordable homes of a decent quality with security of tenure and much later, all sorts of social problems created by having reasonably well of owners (once the properties had changed hands a few times and were selling for normal market values) living cheek by jowl with renters who did not have such a vested interest in matters relating to the buildings.

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