Réka Rózsavölgyi and Viktória Kovács (Directorate General for Economic and Financial Affairs)
Housing subsidies in Hungary: curse or blessing?(230 kB)
(Country Focus. 18. November 2005.
Brussels. 6pp. Tab. Free.)
ISSN: (internet) 1725-8375
An important dimension of the economic reforms after the end of communism was the development of housing finance. While the early transition period was characterised by a lack of any comprehensive housing policy, the year 2000 marked a turning point. In that year, the Hungarian government introduced a generous housing subsidy scheme, one of the main elements of which was interest subsidies.
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