A lakhatás megfizethetősége: lakbérek és albérletpiac

Affordability of housing: rentals and apartment market

László Vértesy

MPRA Paper from University Library of Munich, Germany

Abstract: The affordable and adequate housing in a safe environment is a basic necessity and a fundamental right. There are two major disadvantages of renting a home in Hungary today: uncertainty and high price. However, many international examples show that renting a home is often more popular and cheaper than buying a private home: while only 9% of the population rent a flat in Hungary, almost half of the population in Germany, and more than 40% in Austria and over 30 % in the Netherlands live in a rental apartment. Even the significant differences between the rental fees do not diminish the migration of the Central and Eastern European labour force, since an average of € 1,200 in London and € 1,500 in Berlin remain at the foreign employees for living after the payment of it, while at home it is only € 500. Housing affordability is a problem in all the European Union countries. It is worth noting that the tighter state oversight of the apartment market is commonplace in Western and Northern Europe.

Keywords: housing; rentals; housing market; rental fee; livelihood; standard of living (search for similar items in EconPapers)
JEL-codes: I31 I38 O18 R31 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-tra
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/90292/1/MPRA_paper_90292.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:90292

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().