Rents well below asking rates

The house price rally has inflated the expectations of rental property owners who are trying to maximize their monthly income. Comparing the prices asked in classified ads with those included in lease agreements, it turns out that the discrepancies are large.

Exhobitant rent hikes force tenants to share rooms

Rental pressures are forcing people to switch from sharing apartments, a common practice among university students, to sharing rooms, just like in dormitories, with sometimes up to eight people struggling to accommodate in a single room.

In response to the soaring demand, in recent weeks, room-sharing listings have started to come to the fore on rental platforms online.