Average Hungarian household has net assets of HUF 27m

The net assets of an average Hungarian household stood at 27 million forints (EUR 84,000) at the end of 2017, up 48 percent from 2014, the National Bank of Hungary said in a study of survey results published on Tuesday. The median value of net household assets reached 12 million, up 39 percent. The study shows the rate of home ownership in 2017 was over 80 percent in all but the lowest two deciles of households, where it fell to 63 percent and 28 percent, respectively. The home ownership rate for all households was 84 percent.