Analysis

The worst housing affordability in Europe

According to the comparison, a 100 m² apartment in Czechia costs 297 monthly salaries. Saving half of that same monthly income would take approximately 50 years to accumulate the purchase price.

Key findings

According to the comparison, a 100 m² apartment in Czechia costs 297 monthly salaries. Saving half of that same monthly income would take approximately 50 years to accumulate the purchase price.

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Explanation

According to this comparison, Czechia and Slovakia are among the European countries with the least affordable owner-occupied housing. The price of a 100 m² apartment in Czechia corresponds to 297 monthly salaries. Saving half of that same monthly income would take approximately 50 years to accumulate the purchase price.

Sources

Original post