Survey: Ten percent of Czechs cannot afford a mortgage

One in ten Czechs are unable to afford a mortgage, despite slightly lower interest rates. This is the main finding of a survey by KRUK ČR and SR. The issue is most pronounced among those aged 25 to 34, with 20% of this group still unable to secure a mortgage. Many current mortgage holders, particularly in this age range, are forced to cut back on other expenses due to rising interest rates after their fixed-rate period ends. The survey, conducted in late September, also found that 72% of Czechs do not have any housing loan, and the biggest struggles with repayments are seen in Zlín and Vysočina.