Utility Price Caps to be Expanded to State, Local Council-Owned Rental Flats in Hungary

  • 22 Nov 2022 5:54 PM
  • Hungary Matters
Utility Price Caps to be Expanded to State, Local Council-Owned Rental Flats in Hungary
The government has decided to expand its household utility price caps to state and local council-owned rental apartment buildings, the government commissioner in charge of the scheme announced.

The decision will help close to 2,000 families, 1,400 of whom live in rental flats in Budapest and 532 in state-owned flats maintained by the Armed Forces in Budapest and three other localities, Szilárd Németh told a press conference.

Zsolt Láng, the government commissioner in charge of developments in central Hungary, said the measure will be implemented retroactively from Aug. 1.

The government decree on the decision will be published on Monday evening, he said.


MTI Photo: Attila Kovács

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

  • Is Decline in Home Rents Over?

    Is Decline in Home Rents Over?

    • 25 May 2021 10:49 AM

    Home rental rates were down 0.3% year-on-year in April nationwide, on average, but edged up 1.3% from March, the first monthly growth in 12 months.

  • Falling Rent Prices Stall In Hungary

    Falling Rent Prices Stall In Hungary

    • 3 Mar 2021 9:01 AM

    For the time being, the fall in rent prices has stopped, but at the same time, most students in higher education are still studying digitally, so it is not yet known whether this year's changes are lasting or whether the decline in rents has only temporarily stopped, writes origo.hu.