The Wekerle Plus loans could also strengthen the suburban spread of Budapest

The Wekerle Plusz loan program may encourage suburban expansion around Budapest, as it offers favorable terms for new homes. While only 16% of new apartments in Budapest qualify, 79% in the agglomeration do. The program targets younger buyers and imposes stricter ownership rules. The overall housing market is seeing a shift, with a notable increase in new constructions outside the capital. Experts suggest this trend could redirect demand from Budapest to surrounding areas, exacerbating issues like traffic and infrastructure strain in those regions.