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Tuesday 19.09.2017 | Name days: Verners, Muntis
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18% of city dwellers had debts at the end of the heating season

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUWhen asked about their biggest concern about maintaining a home, 37% of Latvia’s residents mentioned having no problems paying for utilities. 36% of respondents mentioned managing their bills by saving money on other things.

29% of respondents who mentioned that paying bills causes no problems for them are 18 or 24 years old. 45% of respondents who mentioned this answer were 25 to 34 years old. 40% of respondents who mentioned paying for bills by saying up money at the expense of other costs are people of an older generation (55-74). Respondents of this older generation mentioned most often that they try to cover all payments in time. Nevertheless, they also mentioned expecting debts to appear at the end of the heating season (16%). Debts for heating services are more often found with respondents aged 25-34 and 45-54 (9%), according to results of DNB Latvian Barometer.

There are also noticeable differences in the ability of residents to pay maintenance costs, as demonstrated by responses of residents from Riga, rural territories and other towns in Latvia. While 40% of Riga residents and 42% of rural residents cover housing maintenance costs without difficulties, residents of other towns mentioned having no difficulties only in 30% of responses. City dwellers mentioned more often than rural residents that they have to save money on other things in order to pay for housing maintenance expenses (39% and 31% respectively).

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