A powerful crisis in the housing market

The largest industry organisations have appealed to the Speaker of the Polish Sejm to continue the proceedings of the committee's bill on the reduction of red tape and legal barriers. The reason? Tackling the housing crisis 🏗

According to data from the Central Statistical Office, 33% fewer constructions were started in the first half of this year. than in the same period last year earlier. The number of apartments for which permits were issued also decreased. Compared to the same period a year earlier, the difference is 37.6% 📉

As a result, the largest industry organisations appealed to Elżbieta Witek, Speaker of the Sejm of the Republic of Poland, to continue the procedure of the commission's bill on the reduction of bureaucracy and legal barriers. The bill is expected to introduce important changes in terms of, among other things, facilitating the preparation and implementation of housing investments. It is also crucial, among other things, to restore the ability of municipalities to decide on parking policy and tailor it to local needs 📜

Propertynews.pl👇 writes about the details.

The article appeared on @PropertyNews.co.uk:29 June 2023. We invite you to read the full version:" Powerful crisis in the housing market

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