Study: Mortgages out of reach of quarter of young Czechs

Some 23% of people aged 25 to 34 in Czechia are unable to afford mortgage loans due to high interest rates, suggests a study conducted by the company KRUK Czech Republic and Slovakia and cited by the Czech News Agency.

The report also found that people aged 35 to 44 are the most likely to have to make significant savings elsewhere due to pay for mortgages on which interest rates have increased.