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Shocking Eurostat data shows how property prices skyrocketed in Hungary between 2010 and 2024
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Eurostat, the European Union’s official statistics office, shared shocking data about how property prices increased in Hungary under the Orbán cabinets. According to their latest report, rents surged by 108% in Hungary, while property prices more than tripled if we compare the Q3 of 2010 and that of 2024. As a result, Hungary was at the EU’s top concerning housing price increases, which is bad news for Hungarians trying to buy or rent a flat or house.
Property prices skyrocketed in Hungary, just like rents
According to a recent Eurostat report about the changes in house prices and rents in the EU, Hungary is in a devastating position. Property prices more than doubled in Hungary and Estonia rising by 230%, the highest rate in the EU. In the TOP 10 are the two remaining Baltic countries, Lithuania (+181%) and Latvia (+154%) and from the Central and Eastern European region Czechia (+135%), Austria (+114%), and Bulgaria (+110%). In Western and Southern Europe, house prices increased most in Portugal (+113%) and Luxembourg (+103%). Interestingly, the only EU member state where house prices decreased (in general) was Italy (-4%), while the price rise was the lowest in Cyprus, Spain, and Finland.
The – No FACTUAL – Economic and Financial reasoning, that has been and what CONTINUES in Hungary, the RISE on-going in the property market throughout Hungary, the very “Fat and Greedy”- the SELFISH exploiting ” Pigs” – feeding there SELFISH pockets, all SUPPORTERS & Donors, to the Orban led Fidesz Government, knowing they had a FREE un-challenged “modus operandi” – this HAS been a principle REASON – the ABSERBITY – the WRONGFULNESS of the Hungarian Property Market.
The Real Estate / Property Market, the industry, profession of HAVE for near on the better part of (2) two decades literally SCREWED there fellow countrymen & women, in there practices undertaken – without Economic & Financial factual justification and PROOF.
Foreign Investment, over the past (2) two decades, that we know has “exploded” in the “second” coming of his Prime Ministership of Hungary – Victor Orban & his Fidesz Government, that has SEEN – the likes of the Chinese, the Vietnamese
the Germans and the Dutch, and No Doubt – the “friends” of the Orban – Fidesz Government – Russia, there POCKETS through what they had to INVEST – we KNOW had greater DEPTH, to invest, than in millions upon millions of Hungarians.
We see within the Real Estate Property Market – the profession and industry of, further evidence of the “Toxic Cultures” – that have and will continue in Hungary, as long as the name Orban and the Fidesz Government, under the Prime Ministership of Orban, remain the Government of Hungary.
Hungarians – our Economy has been SMASHED and what has – continues on in the Real Estate Property Profession is WRONG.