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#Post#: 14--------------------------------------------------
A robot conducts the South Korean National Orchestra
By: seo chandna Date: September 3, 2023, 5:31 am
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The real estate markets, and in particular the rental market,
are poorly regulated. Rental prices in cities considered
relatively safe have skyrocketed overnight, in the context of
low housing availability. This leads to three forms of
displacement: “displacement caused by the dangers of war,
displacement caused by the destruction of housing, and
displacement caused by the rental market itself.”12. A
comprehensive state-funded housing program is needed, which may
be complicated if the role and function of the State in the
Recovery Plan are not reinvented.
Most Ukrainians cannot afford Phone Number Listy
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pay inflated mortgages and market rental
prices, or to improve the former Soviet housing stock
deteriorated after three decades of little municipal investment
and, more recently, due to wars. Schools and kindergartens are
bombed, education and childcare are a major challenge that is
compounded by pre-existing problems in those sectors, from
chronic underfunding and staffing to low salaries for employees
and parents struggling financially to make ends meet, especially
single-parent families (mainly mothers)14. Another major
challenge is the employment and income situation amid
displacement, bombing and inflation. Precise data is lacking,
but what is clear is that things are getting worse.
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Simeon Djankov and Oleksiy Blinov use data on wage payments from
one of Ukraine's largest commercial banks to get the picture:
Since the start of the war, nominal wages have achieved modest
growth, reaching 3% at the end of October. However, wages fell
11% in real terms between January and October, and their decline
accelerated to 18% in the last month. Additionally, 13% of
contract employees have lost their jobs since the start of the
war, and there is evidence of increasing job losses.fifteen.
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