Growth of private housing in Belarus
Five-year detailed analysis
Over the five-year period from 2021 to 2025, the total housing area commissioned amounted to 21,769,000 sq. m. Nearly half of this, 49.6%, was accounted for by individual houses. This trend exceeds the target set by the government. According to experts, residents value space, privacy, and the ability to have a plot for a garden or garage, while state support makes such options more affordable. The economic environment and lending regulations also contribute to growing demand for private housing.
Context
In recent years, the government has expanded housing construction subsidy programs, boosting demand for individual housing.
Summary:
In Belarus, over five years nearly half of new housing has been individual houses, exceeding set targets.
- Category: Domestic
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- Source: https://t.me/newsby_btrc/187997
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- Published on:
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