SOFIA - Cities across CEE are struggling to build enough affordable homes for their populations.

A wave of old industrial sites is now about to be transformed into new neighbourhoods, though how much these will help house-poor locals is debatable.

Across Central and Eastern Europe, it’s becoming a luxury to buy a home, especially in the region’s capital cities. With prices inflated by low levels of new housing supply, keen speculation, and rising materials prices, increasingly few can afford to buy a flat in Budapest, Prague or Sofia. And with rental prices following suit, it’s becoming a real challenge for many locals, especially the younger generations, to find anywhere to lay their hat.

Amid this maelstrom, huge former industrial sites in city centres are set to be transformed into new neighbourhoods. But how much help these giant projects will offer is debatable, as the desperate need for new housing, and policy issues past and present, hold back the ability of the cities to reap the potential benefits in the form of low-cost housing, or control the final form of these new districts.

📷 Central Group: Huge projects are due to deliver new neighbourhoods in Prague

Team members

Anna Debreczeni

Anna Debreczeni is a Budapest-based journalist experienced in business issues.

Anna Debreczeni

Tim Gosling

A Prague-based journalist writing for international media.

Tim Gosling

Svetoslav Todorov

Journalist and writer, based in Sofia.

Svetoslav Todorov


G7.hu was launched in 2017, aiming to provide in-depth coverage primarily on economic and business issues in a way that everyone can understand.


Balkan Insights - BIRN

Balkan Investigative Reporting Network (Sarajevo) was established as a network of non-governmental organisations promoting freedom of speech, human rights and democratic values in Southern and Eastern Europe.

Balkan Insight

Luuk Sengers

Luuk Sengers is a Dutch experienced investigative journalism mentor.

Luuk Sengers

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