Belgrade

The provided sources primarily focus on Belgrade, Montana, rather than Belgrade, Serbia, which is the intended subject. However, based on the information available about Belgrade, Serbia, from source, here is a summary:

Summary: The housing market in Belgrade, Serbia, is characterized by high prices and a significant portion of cash purchases. As of November, prices per square meter in Belgrade range from 2,500 euros to 3,334 euros, with slight fluctuations in different municipalities. The city faces a housing crisis, with high prices making it difficult for many to afford housing.

Rental vs. Ownership: While specific data on the percentage of renters versus owners is not provided in the sources, it is noted that 70% of apartment purchases in Serbia are made in cash, indicating a significant portion of homeowners.

Affordable Housing Efforts: The sources do not detail specific efforts by the city to support and build affordable housing. However, it is mentioned that Serbia remains attractive to international investors for constructing industrial facilities, which could potentially lead to more affordable housing options in the future.

Challenges: The primary challenges in the housing market include economic instability, credit conditions, inflation, and labor shortages in the construction sector. These factors contribute to the high prices and the housing crisis in Belgrade.

Note: The information provided is limited and does not directly address the specific questions about the housing market in Belgrade, Serbia. Further research is necessary for a comprehensive understanding.