Prague city councilors have approved new rules for allocating social housing, with the Pirates supporting this move. On Monday, the Prague City Council approved a proposal by Alexander Udženija (ODS) that brought changes to the process of allocating municipal rental apartments.

The rule changes concern the allocation of apartments to people in housing need and include new categories of recipients, such as young families. The point system, which was previously introduced and subject to criticism, remains in place. However, the allocation of apartments will now be supervised by the Prague Social Services Center (CSSP), a municipal organization with greater expertise and experience in the field of social housing.

The city plans to rent 3,537 apartments to people in need of housing between 2022 and 2030. Previous rules allowed only four groups to apply for social housing: seniors, people with disabilities, people in social distress, and selected professions such as firefighters.

In addition, a protest camp was recently set up in Prague in front of the city hall building, where members of the Platform for Social Housing built 50 tents. They wanted to draw attention to how many families lost the opportunity to obtain municipal housing this year. They claimed that over the last four years, only ten vulnerable households moved into social housing per month on average.

The topic of housing also raises the question of real estate investment. Jan Večerka, founder of BrikkApp, says that investing in real estate is not limited to wealthy individuals, but is available to anyone with a small financial contribution. BrikkApp acts as an aggregator of investment offers in real estate projects in Europe, allowing people to invest as little as a few hundred crowns in specific projects and thus achieve a return on their money.

According to Večerka, there are about 150 different websites in Europe offering real estate investments, but his company strives to bring a selection of investment opportunities from different platforms and countries to one place. Investors can choose which project to invest their money in and then receive the agreed returns according to a predetermined interest rate.

To minimize the risk associated with real estate investment, Večerka points to an internal risk model created by an association of real estate investment platforms, which allows the success of an investment to be assessed.

Overall, it can be said that Prague has undergone a change in the allocation of social housing, which, although controversial, was approved by the city council. This change is expected to bring greater transparency and efficiency to the allocation process. At the same time, it is now possible to invest in real estate with a smaller financial contribution, which gives smaller investors the opportunity to increase the value of their money in this promising investment sector.

Source: seznamzpravy.cz and newstream.cz