OnDemand WTP Pricing Research

Apartment rental prices are so high, Czechs are now moving to Germany | Expats Czech Republic

Did you hear the one about Czech apartment prices? Rental costs have gotten so high, Czechs are now moving to Germany. (Ba-dum ching.)

It sounds like the punchline to a bad joke, but it’s now a reality in the Czech Republic in areas near the German border, reports Česká televize.

In Liberec, the Czech Republic’s fifth-biggest city with a population of around 100,000, rental prices have grown 20% year-on-year and are now in the range of 150-200 crowns per square meter.

“Year-on-year, rental prices have increased by more than 20 percent, so today they start at around 150 crowns per square meter,” Petr Černý, director of the Liberec housing authority SBD Sever, told Česká televize.

Read complete article here: 

Apartment rental prices are so high, Czechs are now moving to Germany – Prague, Czech Republic.

Post a Comment

WP-SpamFree by Pole Position Marketing