The price increase was not caused by higher quality but increased demand, property market expert Péter Telekes commented. In flourishing regions job offers attract people from other regions.

In Hungary some 96% of people live in homes that they own, sociologist János Szabó underlined. As a result, moving from a poorer region to a richer one is hindered by the price gap of homes. Home ownership, Szabó argued, is a barrier to regional and social mobility.

Source: Hungary Around the Clock

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