Apartment prices in Republika Srpska are skyrocketing, and the gap between municipalities and cities is massive! While in smaller towns like Modriča and Kotor Varoš you can snag a square meter for less than 2 marks, in Banja Luka prices have hit record highs that seem like science fiction to ordinary folks. The average price per square meter in Republika Srpska this year is about 3 marks, but that’s just a cold statistic hiding huge differences across regions. Wealthy buyers don’t want to invest in smaller areas because populations are shrinking, so all the money flows into bigger cities, pushing prices even higher. Buying an apartment in Banja Luka has become a mission impossible — two average salaries can’t even cover the cost of one square meter! The alternative? Smaller towns with poor transport links and living conditions, where people don’t want to move. While in the West people move to the suburbs for peace and comfort, here everyone wants to be in the noisy city center. Is this a recipe for a housing disaster? Real estate agents say it’s all about money and demand, but regular people are left homeless. Thought buying a flat was easy? Think again! What do you think — will prices ever stop or are we all doomed to the streets? Drop a comment and let’s see who’s the biggest optimist!
