Changes in Subsidized Housing Loans for Youth in Serbia

The Deputy Prime Minister and Minister of Finance of Serbia, Siniša Mali, announced four key changes to the law on subsidized housing loans for young people up to 35 years old. The changes include allowing loans for auxiliary buildings, permitting a third party to be the guarantor, facilitating construction of houses on own land, and the state covering the mortgage registration fee. The project is supported by eight commercial banks, with over 5,500 young people applying and about 1,000 already signing contracts. Additionally, the changes enable young mothers to use assistance accounts as participation in loans. So far, 1,000 mothers have received this assistance, with the budget allocating 12.3 million euros for this purpose.

Political Perspectives:

Left: Left-leaning outlets emphasize the social welfare aspect of the subsidized housing loans, highlighting the government’s support for young people and young mothers to access affordable housing. They focus on the positive impact on social equality and the reduction of financial barriers for youth.

Center: Centrist sources report the factual details of the changes in the housing loan program, focusing on the legislative amendments and the number of beneficiaries. They present the information in a neutral tone, emphasizing the government’s efforts to improve housing accessibility for young citizens.

Right: Right-leaning media may highlight the economic implications of the housing loan program, including the involvement of banks and the state’s financial commitment. They might also discuss the program’s role in stimulating the real estate market and supporting economic growth, while scrutinizing the fiscal impact on the state budget.

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