Even run-down apartments now come with sky-high prices in Budapest

4 Comments

1. Budapest is experiencing a phenomenon that has been going on in many western cities with the effects of investors, short-term rentals, rising building costs and insufficient construction of new units pushing up prices. Eventually you reach a point where no one can afford to buy and the price rises stop. If you are a home owner you feel wealthier. If you are a young person looking to buy the world seems impossible. The most important thing is for more supply to be brought onto the market as well as restoration of older units. Capital cities obviously attract high demand including from foreigners and Budapest will remain very expensive.

   • More supply is an answer but not the best one. Encouraging “de-urbanization” would be a far more sensible solution, for many reasons.

2. Foreign INVESTMENT and from the “internal” wealth of Hungary, an “integral ” player, being -“fingers in the pie” of the “inner sanctum” – of the Orban led “Selfish” – Fidesz Government of Hungary – the Oligarchy.
   To BELIEVE – this Orban led Fidesz Government – those of Fidesz Membership – the Oligarchy – haven’t “ripped off” – FLEECHED & Deceived – Hungarians – first home buyers, foreign investors even, but just on Hungarians of ALL age groups – it’s FACT – of course THEY have.
   The FAVOURITISM’s afforded on ALL Government approved projects , just not through European Union Funding, we KNOW the “Fraud” and misappropriation acts – undertaken by the Orban led Fidesz Government, the “greasing of there (personal) palms” – this “toxic culture” these Heinous acts over (16) sixteen years Hungary, of the Orban – Fidesz Government.
   It UNDERPINS – the Facts & Truth the abuse, on HUNGARIANS – that has been delivered – “played out” and PRACTICED carried through, on us HUNGARY as a country.
   This is ALL in the SLAUGHTERING – of Hungary, by the Orban led Fidesz Party.
   Never, never never – a GOVERNMENT for the individual Hungarians and ALL Hungarians – placing them first, the people – then secondly – what’s BEST for Hungary.
   Never, never never – has Orban – his Fidesz Government – then what we are dealing with at this point in TIME, living in Hungary, never never – a PRIORITIZED – people HUNGARIANS – placing THEM first.
   Orban, his Fidesz Government – INFESTED throughout the Political Party – FIDESZ – designed and “stylized” by the “Dogma” of Victor Mihaly. Orban, from the dystopia functioning of his brain, that we, in our MILLIONS, our COUNTRY – Hungary – never, never never been the PRIORITY of this Orban led Fidesz Government.
   Solidarity – togetherness – our Freedom, our Liberty – being inclusive in DIALOGUE.
   Democracy – is DIALOGUE.
   Truth is Truth.
   Facts and TRUTH – the “lethal” usage in DIALOGUE that WILL bring about the DOWNFALL – being a “shamed and humiliated” – a crushing DEFEAT – for the Orban led Fidesz Government of Hungary – for ALL the RIGHT reason(s).

3. The country is driving into the same cul-de-sac that countless western countries have ended up in, rendering property unaffordable to the working majority. The birth rate will never improve and will probably decline in proportion to the ever increasing cost of property if there’s no change. The greatest concern to any couple when deciding to start a family is how to house their unborn children as this represents the largest chunk of a household’s expenses. Speaking from personal experience, the main reason I don’t have a family is the fact I’ve never been able to afford the necessary housing costs, even housing myself has proven to be a challenge.