Rents continue to increase in many cities in Romania as financing becomes inaccessible
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities.
Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. However, this October, interactions between tenants and landlords decreased by only 8% compared to last year, while compared to September, there was a 21% decline, after the autumn peak.
