Experts warn that raising VAT from 9% to 19% will block access to housing for many Romanians, in a market already hit by inflation.

The increase in VAT on housing will have a significant impact on Romanians' access to the real estate market, in the context of an economy already affected by inflation and high interest rates. Experts at Manor Imobiliare point out that the drop in activity on the real estate market is due to a number of factors, including the slowdown in the labor market and rising construction costs. Also, limited access to bank financing and construction labor shortages are contributing to the difficulties faced by developers, exacerbating the real estate market's problems.