Poles have no chance of having their own place. According to the latest Eurostat data, in 2022 as much as 51 percent. of people aged 18-34 lived with their parents.
Among the EU countries, only Italy, Portugal, Greece, Slovakia and Croatia are worse off than Poland. Rich Scandinavia, on the other hand, is where living with parents is a rare case (statistically, less than 4% of people aged 18-34 live there). In the neighboring Czech Republic, as many as 3/4 of young adults have a chance to become independent. The situation has also improved in Romania, Latvia, Lithuania, Estonia and Hungary in recent years. But not in Poland, because very little has changed on the housing market.
They primary reason for this crisis is a flat shortage and mortgage rates which have sky rocketed amid unprecedented levels of inflation. Despite record-breaking data from developers and private investors on completed apartments (a total of 238.6 thousand apartments in 2022), an additional 1.5 to 2 million apartments would have to be built to fill the real deficit.
