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housing crisis

Block of flats with balconies (Pixabay)

Budapest and the Housing Crisis: Hungary’s Newest Political Hot Button

In recent years the real estate market in Budapest has seen dramatic price increases. The price of newly built flats rose by 13.9 per cent within a year, reaching an average of 3,260 euros per square metre in 2023. Rental…

Budapest Set for Stricter Airbnb Rules Amid Worsening Housing Crisis

As part of the New Economic Action Plan, the government has begun consultations on stricter Airbnb regulations in Budapest to address the city’s housing crisis, the Ministry for National Economy announced on Monday. The measures aim to curb rising rental…
Prefabricated houses in Kecskemét, Hungary in 1973

The Era of Socialist Realism and Industrialized Prefabrication in Hungarian Architecture

To address the housing shortage, nearly 1 million dwellings were built under the housing programme between 1961 and 1975, 300,000 of them in Budapest; and a large part of the country’s population still lives in the apartments built during that…
A building in a residential park in the 9th district of Budapest on 12 September 2022.

An Under-Recognized Factor of the Hungarian Housing Reality: Home Ownership  

‘The liberal aspirations of the 21st century include the destruction of human autonomy and freedom, and making people as dependent as possible on the state and other circles of power and wealth. One of the best ways to counter such…

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