Big cities are not for old people

Poland faces a potential housing crisis as more retirees may struggle to afford living in major cities due to low pensions. Experts predict that the replacement rate of pensions will decline significantly, leading to financial challenges for seniors. Many may be forced to relocate to smaller towns with lower living costs. The rising costs of housing and utilities further exacerbate the situation, causing stress among residents. The trend of retirees forming shared households to reduce expenses is expected to grow. Additionally, the increasing presence of institutional investors in the housing market could lead to higher rents and potential eviction issues for vulnerable tenants.