Apartments are extremely expensive today, the purchase is inaccessible to many. But was it easier years ago? – The truth

I often hear young people’s words about how good their parents’ generation was years ago, because flats were not expensive. But were they available? Isn’t it paradoxically easier now? So when was the easiest way to buy an apartment in terms of prices and credit options? Which parameter is most important in the assessment – the price of the property, the amount of the mortgage interest or the share of the installment in the total income? How much will we pay for a 100,000-dollar apartment if we buy it on credit? Is it worthwhile to own an apartment at all, and what should young people do if they don’t have one, especially in a big city? We try to discuss all this in the It’s About Money session. The guest is Pavel Škriniar, investment analyst at Swiss Life Select. It’s about money with Pavel Škriniar: When was it best to buy an apartment? You can also listen to the show as a podcast. Listen to other episodes of The show It’s about money