Poles were asked whether they wanted subsidies for loans. Politicians should read this
Poles do not want subsidies for loans. They imagine effective state aid in meeting housing needs differently – according to a study commissioned by RMF FM and “Dziennik Gazeta Prawna”.
United Survey commissioned by RMF FM and “Dziennik Gazeta Prawna” asked Poles how the government should help citizens meet their housing needs.
Do Poles want subsidies for loans?
29 percent respondents chose the answer: “through subsidies for housing loan installments”, and 45 percent Poles said that government aid should take the form of “investments in the development of cheap rental apartments.” 13 percent respondents believed that “the government should not help citizens in this matter.” Also 13 percent replied: “I don't know/it's hard to say/I have no opinion.”
The ideas of subsidizing loans for people who meet the requirements (age, lack of another property) implemented by two successive governments therefore only suit every third Pole. The rest consider these methods to be ineffective or unfair because they are not intended for everyone.
“Starter apartment” in a few weeks
Despite criticism of the “Safe Credit” loan subsidy program, the current government will implement its subsidy program. Although he changed the rules slightly, the essence is the same. The program will not increase the availability of apartments, and this is the biggest problem in our market. There are too few apartments and after two years in which developers limited investments because there were no buyers, we have to wait for a sufficient number of apartments to hit the market so that their prices could drop at least a little.
The Ministry of Development, led by Krzysztof Hetman, wants to distribute loan subsidies in the second half of 2024. We write about its assumptions below.
Great Britain: the most difficult time to buy a flat
Not only Poles have problems with buying apartments. Yesterday we wrote about the situation in Great Britain. The British Association of Building Societies has analyzed various financial aspects of purchasing property. According to analysts, over the last 70 years, buying your first apartment in the UK has never been as difficult as it is today.
“Buyers of their first property face a double challenge: on the one hand, very high advance payments for the purchase, and on the other hand, expensive mortgage loans. Research from the Building Societies Association shows that in previous decades, buyers have complained about either high down payments or expensive loans, but never have they struggled with both costs to such an extent,” CNN reports.
According to the British Statistics Office, average earnings in England and Wales have increased by 70% since 2002. At the same time, real estate prices increased by 174%.
“At the national level, houses were affordable on average until 2002, and then their prices began to rise faster than average earnings,” the statistical office concluded in one of its reports.
