A I R S h a r e

A Workforce Globalization Blog

Budapest, Hungary: Rental housing prices are on the rise!

Jul 23, 2018 @ 07:10 AM / by Andrew Morollo

Budapest, Hungary as seen during an AIRINC cost of living survey.

Expatriate Housing Snapshot

The cost of expatriate-quality rentals increased over the past six to twelve months. Demand is up, thanks to more expatriate arrivals, particularly in the growing IT sector. Meanwhile, availability has fallen, with many apartments and houses being converted to lucrative short-term vacation rentals. A source also mentioned that many movies are being produced in the area, raising rental demand from film crews.

 


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AIRINC's Data Points: Your Global Mobility News

Want to learn more? The above excerpt is taken from Data Points, AIRINC's quarterly newsletter. Data Points brings you the latest updates from our Housing, Goods & Services, and Tax departments based on our expert international surveys, which are conducted by our global data collection team on-location.

This quarter's cost-of-living surveys were conducted primarily in Europe, Asia, and mainland Southeast Asia.

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Topics: Expatriate Housing, Data Points, Insights and Experience, Hungary, Budapest

Andrew Morollo

Written by Andrew Morollo

Andrew joined AIRINC in 2000 as a surveyor and analyst. Since 2011, he has managed both the Hong Kong and Brussels survey teams directly. His primary responsibilities include coordinating travel for the international teams, recruiting survey staff, and managing workflow from the Cambridge headquarters. He is also responsible for conducting pricing and housing surveys in more complicated international locations, having visited over 120 countries for AIRINC. He received his B.A. in Business Administration from Northeastern University. In addition to English, Andrew speaks German.