There are still many people who think buying a property is a waste of money

By: Trademagazin Date: 2024. 11. 22. 10:15

Middle-aged people have a markedly different opinion of renting as a housing alternative, according to the latest K&H Komisz Futur survey. Among 30-59 year-olds, the proportion of those who believe that renting is the only solution to starting an independent life due to high housing prices has increased from 55 percent a year earlier to 61 percent. There are also many who would only be able to move into their own apartment if they received one as a gift or inherited one.

The perception of renting has changed among middle-aged people, according to a recent representative public opinion poll conducted by K&H in the third quarter. Among other things, the survey examined the opinion of 30-59 year-olds about renting in light of current housing prices.

Rent or…?

The middle-aged people surveyed are gloomy about young people’s access to housing. When asked whether “housing prices have gone so high that renting is almost the only option for a young person to start an independent life,” 61 percent of respondents agreed, which is an increase compared to the previous year, when 55 percent of respondents held this opinion. In addition, 56 percent believe that they only have a chance of owning their own home if they receive a gift or inherit a residential property – their proportion has increased, as 52 percent said this last year. After 54 percent last year, almost the same number of respondents, 55 percent, said that real estate is now one of the most favorable investments, and this will remain so in the future. The proportion of those who believe that “living in a rented apartment is practically a waste of money, you should move into your own apartment as soon as possible” has decreased significantly, from 61 percent to 53 percent. However, it is important to highlight that in the research, they had to express their level of agreement with each statement separately, so we received non-mutually exclusive answers. Thus, it is possible that although 61 percent see renting as the only alternative for young people to start their lives, 53 percent still think it is a waste of money. However, it can be seen that as the first statement increased, the level of agreement with the second statement decreased, so there has truly been a shift in mindset.

According to the research, 26 percent of respondents believe that people attach too much importance to their own home. 39 percent of those who live in rented property think so, while this proportion is only 24 percent among those who live in non-rented homes. It also turned out that more than a fifth of middle-aged people – 21 percent – consider the mobility provided by rented housing to be an important factor. In fact, only 13% of those surveyed live in rented housing.