The rent price will emergence by energy crisis! Check which cities will endure the most

The energy crisis, which dominated European markets, did not bypass Poland. expanding prices of electricity, gas and heating are beginning to have a direct impact on life costs, including rent prices. Experts foretell that in the coming months rents can increase by up to a twelve percent. This is affected by both the expanding cost of maintaining real property and the difficulty of financing energy. Which Polish cities will be most affected by these increases?

The energy crisis and its impact on the real property market

Increasing energy prices are already affecting not only individual residents, but besides the owners of buildings and managers of housing communities. Most settlements in Poland are based on heating systems that are delicate to changes in gas, electricity and fossil fuels prices. Increases in energy prices affect higher operating costs, leading to higher rent charges, especially in cities where energy request is higher.

In the rental market, these increases are translated into tenants, which straight affects their portfolios. Housing owners effort to compensate for rising costs by introducing higher rent fees to cover energy and heating bills.

Rent increases – which cities will endure the most?

Some Polish cities are already experiencing greater costs of surviving due to the energy crisis. These are the locations that are most susceptible to rising rents due to rising energy prices:

1. Warsaw – The capital of Poland, with a large number of properties rented and costly operating fees, is experiencing increases most. In Warsaw, where rental prices were already high, additional energy costs can increase rents by up to 10-15%.
2. Kraków – A city with a dynamically developing rental property marketplace besides faces rising costs. Many old tenement houses and properties requiring heat modernization are more susceptible to advanced bills, which may translate into higher rent fees.
3. Wrocław – Another city where rising energy prices already affect the rental market. Local building managers foretell that rents can increase by up to 12%, especially in central districts.
4. Gdansk and Gdynia "The Tri-City, as a large tourist and business centre, will besides be affected by the energy crisis. Rent increases are already observed in these cities, especially in gas-heated housing.
5. Katowice – A city of advanced industrial importance, where many residents usage central heating, is besides at hazard of expanding rent fees. The premises in older buildings, requiring thermomodernisation, can increase by up to 8-10%.

What factors affect rent increases?

The emergence in urban rent prices is the consequence of respective key factors:

• Increasing energy costs – The main component of the energy crisis is simply a drastic increase in electricity and heating costs, which straight translate into higher charges for residents.
• Operating charges – Building owners must cover maintenance costs of buildings specified as maintenance, repairs and upgrades. In a time of rising energy prices, the request to invest in more energy efficient solutions is becoming increasingly urgent.
• Increased request for housing – In any cities specified as Warsaw or Kraków, the rental marketplace is very tense, which makes real property owners able to rise rents to compensate for the cost of living.

Forecasts for the future – what can help?

Although the situation seems difficult, there are respective measures that can aid mitigate the effects of the energy crisis on tenants and tenants:

1. Thermomodernisation of buildings – Housing owners and community managers should consider energy upgrades, specified as building insulation or the exchange of old heating systems. These investments, though costly, can reduce energy bills in the long term.
2. Government support – The government should introduce support programmes to aid modernise buildings and reduce energy costs. backing for renewable energy sources, specified as photovoltaics, can be an effective solution.
3. Increasing energy efficiency – The introduction of energy-efficient technologies, specified as intelligent energy management systems, can aid reduce energy consumption and thus cost tenants and tenants.
4. Negotiations with tenants “In the event of financial difficulties arising from the energy crisis, tenants and housing owners may effort to negociate rental terms so that both parties can cope with the rising costs.

The energy crisis, which is presently facing Poland, will not be without an impact on urban rent prices. Large centres specified as Warsaw, Kraków and Wrocław will endure the most, where rising energy and heating costs already lead to increases. Both tenants and housing owners must prepare for a hard winter of 2024/2025, seeking ways to minimise the cost of living.