25
25
Dec 19, 2023
12/23
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BELARUSTV
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over one’s head, that is, housing, has come under attack, analysis from svetbank chief economist nerius machulisthe economy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, housing is currently not affordable in any of the baltic capitals. vilnius and tallinn housing has become inaccessible. according to our calculations, if you need more than 30% of your monthly income for housing, then we consider it unaffordable. this situation has developed in all capitals, tallinn, riga and vilnius. from the same report, the lithuanian economy will shrink by 0.3% this year. but even going into such a minus does not seem to be the worst result. at the beginning of the year they were minus 4%. and then there is the labor market in the form of a ticking time bomb. the number of vacancies has dropped to its lowest level in 15 years, worse only after the 2008 crisis. moreover, companies they are significantly reducing staff, especially large players in the market are cutting staff by a
over one’s head, that is, housing, has come under attack, analysis from svetbank chief economist nerius machulisthe economy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, housing is currently not affordable in any of the baltic capitals. vilnius and tallinn housing has become inaccessible. according to our calculations, if you need more than 30% of your monthly...
14
14
Dec 18, 2023
12/23
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BELARUSTV
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analysis from svetbank chief economist nerius machulis.economy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, at present, none of the baltic states. in the capitals, housing is not affordable; in vilnius and tallinn, housing has become unaffordable, according to our calculations, if you need more than 30% of your monthly income for housing, then we consider it unaffordable. this situation has developed in all capitals, tallinn, riga and vilnius. from the same report, the lithuanian economy will shrink by 0.3% this year. but even going into such a minus does not seem to be the worst result. at the beginning of the year they were minus 4%. and... there is also a labor market in the form of a time bomb, the number of vacancies has decreased to the lowest in the last 15 years, it was worse only after the 2008 crisis. moreover, companies are significantly reducing staff, especially large players in the market are cu
analysis from svetbank chief economist nerius machulis.economy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, at present, none of the baltic states. in the capitals, housing is not affordable; in vilnius and tallinn, housing has become unaffordable, according to our calculations, if you need more than 30% of your monthly income for housing, then we consider it...
10
10.0
Dec 19, 2023
12/23
by
BELARUSTV
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eye 10
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over one’s head, that is, housing, has come under attack. analysis from svetbank chief economist nerius machulisund itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, housing is currently not affordable in any of the baltic capitals. in vilnius and tallinn , housing has become unaffordable. according to our calculations, if you need more than 30% of your income for housing monthly income, we consider it unaffordable. such situation. has developed in all capitals: tallinn, riga and vilnius. from the same report: the lithuanian economy will shrink by 0.3% this year. but even going into such a minus does not seem to be the worst result. at the beginning of the year they were minus 4%. and then there is the labor market in the form of a ticking time bomb. the number of vacancies has dropped to its lowest level in 15 years. things got worse only after the 2008 crisis. moreover, companies are significantly reducing staff as well. especially large market players are cutting staff by a quarter due to rising cost
over one’s head, that is, housing, has come under attack. analysis from svetbank chief economist nerius machulisund itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. according to economists, housing is currently not affordable in any of the baltic capitals. in vilnius and tallinn , housing has become unaffordable. according to our calculations, if you need more than 30% of your income for housing monthly income, we consider...
21
21
Dec 19, 2023
12/23
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BELARUSTV
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eye 21
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roof over your head, that is, housing, came under attack, analysis from svetbank chief economist nerius machulisy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. economists, currently in none of the baltic capitals housing is affordable; in vilnius and tallinn housing has become unaffordable; according to our calculations, if you need more than 30% of your monthly income for housing, then we consider it unaffordable, this situation has developed in all capitals, tallinn, riga and vilnius. from the same report, the lithuanian economy will shrink by 0.3% this year. but even going into such a minus does not seem to be the worst result. at the beginning of the year they were minus 4%. and then there is the labor market in the form of a ticking time bomb. the number of vacancies has dropped to its lowest level in 15 years. things got worse only after the 2008 crisis. moreover, companies are significantly reducing staff. particularly large players in the market are cutting staff by a quarter due to
roof over your head, that is, housing, came under attack, analysis from svetbank chief economist nerius machulisy of the baltic countries has found itself in stagnation, followed by a period of recession. this is also bad news for those thinking about buying a home. economists, currently in none of the baltic capitals housing is affordable; in vilnius and tallinn housing has become unaffordable; according to our calculations, if you need more than 30% of your monthly income for housing, then we...