In Montenegro, due to the constant rise in apartment prices, the formation of a state housing fund is proposed as a solution to the housing issue, which is becoming almost unsolvable for the majority of citizens. The General Secretary of the civic movement URA, Mile Radovanic, points out that the average price per square meter in Podgorica and the coast exceeds 2,000 euros, making it difficult to buy a first home, especially for young people and vulnerable groups. The fund would allow the purchase of apartments at construction cost, significantly cheaper than market prices. The idea is to be non-partisan and systematically address this problem. This initiative has not yet had the support of the parliamentary majority but will be re-submitted to the Parliament of Montenegro.
Political Perspectives:
Left: The left-leaning perspective emphasizes the social justice aspect of the housing crisis, highlighting the need for state intervention to provide affordable housing to young people and vulnerable groups. It supports the formation of a state housing fund as a necessary measure to counteract the speculative real estate market and ensure housing as a right.
Center: The centrist view acknowledges the rising housing prices as a significant problem and sees the state housing fund as a pragmatic solution to stabilize the market and provide affordable housing options. It stresses the importance of bipartisan support and systematic implementation to effectively address the housing shortage.
Right: The right-leaning perspective may be more cautious about state intervention in the housing market, emphasizing market solutions and private sector involvement. However, it might support the fund if it is seen as a way to stimulate construction and economic growth without excessive government control.
