In the next episode of the Realitní Club podcast, Petra Jansová and Dalibor Martínek of newstream.cz will welcome the richest local developer Dusan Konovsky. Listen to the new podcast already on Monday at newstream.cz and all podcast platforms.
Developers lost nearly fifty percent of their customers in the past year. In normal times, a so-called mortgage is that much, but due to rising interest rates, they are now putting off property purchases, reports Dusan Konovsky in the next episode of Realitní Club’s broadcast on newstream.cz.
“It is also why we expect the largest drop in demand during the period of the independent Czech Republic. When we talk to finance experts about the situation, they all agree on that. A return to normal can occur when mortgages fall below three percent again”, explains the richest Czech developer Dusan Konovsky, who is also one of the ten richest Czechs.
How will this affect real estate prices and what projects will the Central Group put on hold because of this? You will also learn about it in the last episode of the Realitní Club podcast, which you can do Already listen on Monday, September 19, on newstream.cz and all podcast platforms.
Listen to other episodes of the Realitní Club podcast:
Petr Hlaváček on the Realitní Club podcast: Not all developers know how to build. They only pay the profit
Petr Hlaváček, Prague Regional Development Adviser for TOP 09 and current leader of the Prague STAN candidate, is not afraid of the fact that he may not succeed in the upcoming municipal elections. He is supposed to have a lot of options. He did not worry about the continuity of the projects he started, whether it was the Vltava Philharmonic Orchestra, the Prague Ring Road or a building under the supervision of the Prague Development Corporation. But what Prague needs, he says, is efficient state management.
Ondřej Boháč on the Realitní Club podcast: Czechs are like hobbits in Central Europe. We live here at our own pace
“The Czechs have fallen off the infrastructure map of Europe. From Berlin to Vienna, you walk the way around, which is hundreds of kilometers longer, but several hours shorter. You really have to ask yourself if we’re doing it here,” says Ondřej Boháč, Director of the Planning Institute and development in the capital, Prague, in the next episode of the Realitní Club broadcast series.
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