When comparing the first quarter of 2023 with 2010, house prices increased more than rents in 18 EU countries.
Over this period, house prices increased in 24 EU countries and decreased in three. They more than doubled in Estonia (+200%), Hungary (+180%), Lithuania (+146%), Latvia (+132%), Luxembourg (+126%), Czechia (+123%) and Austria (+122%). Decreases were observed in Greece (-14%), Italy (-9%) and Cyprus (-2%).
For rents, prices increased in 26 EU countries and decreased in one, with the highest rises in Estonia (+212%) and Lithuania (+165%). The only decrease was recorded in Greece (-22%).
I was also quite surprised when I shared a room in the night train with a Czech guy, that he pays the same for his room in Prague as I do in Germany. Truly Insane when you compare salaries and I guess students also get less allowance/state support than in Germany