Hungary may not be Greece, but that’s both a blessing and a curse. While it doesn’t have some of Greece’s problems, for example it has a lower debt-to-GDP ratio, it has some problems which Greece doesn’t have. Mortgage loans are an example of this. It turns out that Hungarians have had a propensity for taking out mortgage loans denominated in Swiss francs.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time? If not, which is one is true? HousingWire Columnist Logan Mohtashami takes a deeper dive.
While rent prices are going up, the latest 3% year-over-year increase marks the slowest pace in 18 months, according to a new report from RentCafe.