PZFD Chief: Housing Shortage Causes Social Tensions

In spring 2024, the new head of PZFD emphasized the need for a housing policy that addresses the housing shortage in Poland. Despite recent government focus on social housing, the overall supply remains insufficient compared to European averages. The current approach prioritizes social housing for those without creditworthiness, but most Poles prefer ownership. The budget for social housing has been reduced, highlighting limited public spending capabilities. Additionally, the lengthy development process and high mortgage costs hinder accessibility. The government must streamline regulations and improve credit conditions to enhance housing availability. Recent legislative efforts have been criticized for lacking practical market insights, leading to confusion and delays in the housing sector.