Lawyer's addressLövőház utca 20/A.
1024 Budapest Hungary

Attorney's phone number Tel.: +36 1 316 9233
Law office's fax number Fax.: +36 1 336 0107
Attorney's office e-mail

Shocking housing info about 1.3 million Hungarian families, 5 August 2018 – On average, every third Hungarian families are facing difficulties in paying their housing expenses on account of the lost balance between their income and their housing expenses. Apart from income, the ability to pay for housing is strongly determined by schooling and the type of residence. If a family needs to spend too much (more than 35-40 per cent) of their income on housing then they are facing an affordability problem. According to latest surveys 32 per cent (1.3 million households) are affected. This means that they do not have enough money left for maintaining an acceptable standard of living.

Unsurprisingly, affordably is primarily affected by the inequalities of the income status of Hungarian families. Among the poorest 40 per cent of families almost 60 per cent are facing difficulties in paying their housing expenses. Among the richest 30 per cent this ratio is only 10 per cent.