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Czech News in English » Business » Czechs renting homes spend more than homeowners

Czechs renting homes spend more than homeowners

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Czechs living in rented homes spend more than homeowners, according to a study by the Partners consulting agency, presented on Wednesday. On average, Czechs renting a home pay 1800 crowns a month more than those who own their home. At the same time, flats are rented mostly by people with lower income. The survey suggests Czechs prefer to live in their own homes. More than three quarters of those asked regard it as an undisputable advantage, while another 13 percent think it is a major advantage.

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