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While 32% of young people would move out of their parentsʼ house as soon as possible, the majority, 58%, are planning to leave, but say it is currently not their highest priority, K&H Bank said in a statement on youth housing plans, according to Világgazdaság.
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The government has earmarked Ft 9.1 billion for construction of the Lake Fertő sports and “wellness” centre in Fertőrákos in 2020-2021, according to the official gazette Magyar Közlöny.
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Construction sector output in Hungary dropped by 21% in July after a contraction of 15.7% in the previous month, the Central Statistical Office (KSH) said. Month on month, output grew by 3.5%, based on seasonally and working day-adjusted data.
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According to a study commissioned by a Viennese real estate development company, Wiener Komfortwohnungen, there will be a demand for around 1.2 million new homes in nine major European cities by 2030, writes G7.hu.
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As the next step in the integration of Vodafone Hungary and UPC, the two companies will move their headquarters to Budapest ONE office park, developed by Futureal, in the fall of 2022, according to a press release.
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Csaba Horváth, the mayor of Budapest’s Zugló district, demanded that the central government stop any further construction projects in City Park and dismantle metal barriers erected two years ago around the sites in question.
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