Loading...
The housing market in Kraków, Poland, is experiencing a significant crisis. The city faces high demand and limited supply, leading to increased rents and property prices. Many residents are forced to rent, with a notable percentage of the population unable to afford ownership. The crisis is exacerbated by factors such as the influx of refugees, students, and professionals, as well as the impact of the pandemic and the Ukrainian War on housing availability and costs.
Kraków is attempting to address the housing crisis through various measures. The city is focusing on developing affordable housing options, particularly on the outskirts, to meet the growing demand. Additionally, there are efforts to improve local policies and regulations to favor housing development over profit-driven projects. The city also aims to leverage EU funds to support housing initiatives and infrastructure development, which has historically contributed to the city's growth and development.