Lithuanians spend more on housing than Latvians and Estonians

A survey shows that Lithuanians tend to spend more on homes than people in the other two Baltic countries.

Forty-seven percent of Lithuanians prefer living in flats, 34% would choose to live in a cottage or a semi-detached house. Interestingly, 55% of Latvians would choose a house or a cottage and 36% an apartment while 52% of Estonians would choose an apartment and 37% a house, a TNS survey commissioned by the real estate development and construction corporation YIT shows.

YIT’s research shows that 31% of respondents in Lithuania tend to spend less than €100,000 on housing, slightly fewer (29%) tend to spend between €100,000 and €150,000.

Meanwhile 73% of Latvians tend to spend less than €100,000 on housing. 61% of Estonians would spend less than €100,000 on a home and 22% would spend €100,000-150,000.

Lithuanians usually choose homes by price, with location as the second most important criterion. For Latvians, the two criteria are equal, while in Estonia location is more important than price.

Lzinios.lt