Challenges to the Housing Policy in Bulgaria Cover Image

Предизвикателства пред жилищната политика в България
Challenges to the Housing Policy in Bulgaria

Author(s): Stefan Yotov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: L74; R21; R28; R31

Summary/Abstract: In Bulgaria the housing of the population is higher than EU average, and the property of homes is at the record level of 96%. However, on the other hand, most of the homes (especially panel ones) are small-sized, not maintained over the years and energy ineffective. Since 2004 the country has a National housing strategy, but none of its three main priorities has had any substantial development. Over 700 000 homes need a complete renovation. The share of uninhabited homes continuously increases up to almost 25% of all. At the same time about 48% of the homes are over-populated. The paper reasons the radical need for establishing a fund of public rented homes. It outlines that an adequate housing policy in the country could not exist in isolation – in conditions of EU lowest tax revenues with GDP.

  • Issue Year: 2014
  • Issue No: 3
  • Page Range: 154-179
  • Page Count: 26
  • Language: Bulgarian