Donbas refugees push rent prices in Kyiv up amid market stagnation
Refugees from the war-torn Donbas are driving demand for apartment rentals in Kyiv, boosting rent prices at least 15 percent in the last three months.
In the apartment sales market, people from the two easternmost oblasts of Donetsk and Luhansk account for 70 percent of demand for apartment purchases on the secondary market, according to Korrespondent.net, citing dom.ria.com, a real estate agency website.
An estimated 45,000 people from the Donbas are living in the Kyiv metropolitan area, with more than 3 million residents, according to Volonterska Sotnya, a civic movement that provides assistance to displaced people. Some lived in summer shelters provided by the Ministry of Social Policy, but now are in search of shelter before the winter.
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