Price of rents growing

The period of cheap rentals is over, the ctk news agency reports citing Czech real estate agencies. Rents which fell steeply during the coronavirus pandemic, are rising steeply as property owners want to make up for the losses incurred, the news agency says. Greater price increases are expected mainly in university towns, where university students look for accommodation ahead of the new school year. Many property owners are also upping rents in the wake of expensive reconstructions undertaken during the period of lockdown.