Just read another post here about inflation and higher prices so I figured I jump on the subject with my question: How does it work with the insane property prices in Slovenia versus the relatively low rents? I lived in Berlin before moving here and the average prices for buying an apartment are lower or the same, however rent is almost three times as much. Financing must be a nightmare and buying something almost impossible for the average Slovenia wage?
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I am not familiar with Slovenia specifically, but in general exploding property prices( but https://prian.info/us/slovenia/slovenia/menges/ keeps prices the same) in cities are a symptom of government-imposed supply constraints. It doesn’t help that much of Slovenia is subject to historic preservation (i.e. builders can’t knock down an old building and replace it with a taller one).