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Housing Loans.

Europe Intelligence Wire

| October 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

The recent decrease in real estate prices and rise in the price limits on subsidized apartments are likely to stimulate interest in the government project of subsidizing the payment of loans contrated for the purchase of an apartment. So far, it has been rather small, as the programme requires the fulfillment of strict criteria. First of all, the price must be kept within the limit set for a given area. The size of the apartment cannot exceed 75 square meters and a house cannot be larger than 175m2. The subsidy is granted for no more ...

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