Subsidized Housing Loans for Youth in Serbia: Latest Legal Amendments

Serbian Finance Minister Siniša Mali announced four amendments to the law on subsidized housing loans for young people up to 35 years old. So far, over 5,000 young people have applied, and more than 1,000 loan agreements have been approved. The amendments include the possibility of obtaining loans for auxiliary buildings, allowing unemployed individuals to have guarantors who are not family members, and permitting loans to be used for building houses or prefabricated houses on parents’ land. The state will cover the costs of mortgage registration. Additionally, mothers who give birth to their first child will receive an additional financial support of 20,000 euros for purchasing their first property, which can be combined with subsidized loans. Mali emphasized the high interest in these loans, especially in major cities like Belgrade, Novi Sad, and Kragujevac. These measures are part of a broader economic policy aimed at improving living standards and developing infrastructure in Serbia.

Political Perspectives:

Left: Left-leaning outlets emphasize the social benefits of the subsidized housing loans, highlighting how these measures support young people and families, especially mothers, in accessing affordable housing. They focus on the government’s role in improving living standards and reducing economic inequality through such policies.

Center: Centrist sources report the facts of the amendments and the government’s announcements, focusing on the practical aspects of the loan program, the eligibility criteria, and the expected impact on urban development and housing availability. They present a balanced view of the policy’s potential benefits and challenges.

Right: Right-leaning media highlight the economic growth and infrastructure development aspects tied to the housing loan program. They emphasize the government’s commitment to economic stability, urbanization, and support for families as part of a broader strategy to strengthen the national economy and encourage responsible homeownership.

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