this post was submitted on 21 Jul 2024
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Y'all be making fun of this, not realizing that you don't hear about a housing crisis in Eastern Europe
Lucky you if you haven't heard of it.
And yet there definitely is one. These are still capitalist economies after all.
Maybe once they run out of apartment buildings, but that's not gonna happen any time soon.
They already have. Here in poland the commie-block apartments are bought and sold on the free market and a lot of them are kept empty as an investment while people have nowhere to live.
These problems exist everywhere where there is capitalism, no matter what infrastructure was already built there before.
I don’t know the details of the situation in Poland, but Poland does have an 87% home ownership rate.
https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate
Only communism can run out of apartments, under capitalism apartments are only "in high demand". In other words they are hoarded.
It's over here in North America too. Houses are unaffordable almost everywhere you go.
Woo the capitalistic hellscape we always wanted
Am eastern european. There is a housing crisis.