Nearly Half of Czechs Spend More Than 30% of Their Income on Housing

Nearly half of people in the Czech Republic spend more than 30% of their net income on housing, while around one in 10 spends more than half. Housing is generally considered financially burdensome when rent, utilities and other related costs exceed 30–40% of household income. The EU average is around 24%. The findings come from a survey by Česká spořitelna and Evropa v datech, conducted with Ipsos among 1,000 respondents in February. Housing affordability remains…