bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 20.08.2017 | Name days: Bernhards, Boriss
LatviaLatvia

Latvian families spend an average of EUR 142 on house maintenance every month

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn 2015, monthly housing costs grew by 4.4 percentage, reaching EUR 142 per household in Latvia.

In 2014, housing costs accounted for 16.1 per cent of household disposable income, whereas in 2015 this proportion has fell down to 15.2 per cent. It may be related to the fact that household disposable income grew faster (by 9.3 per cent) than housing costs, according to data from the Central Statistical Bureau of Latvia.

In 2015, housing costs per household member on average comprised EUR 59, whereas in a single person household they on average accounted for EUR 103. As the number of household members increases, housing costs per household member decrease (from EUR 66 in two-person households down to EUR 31 in five and more person households). The housing cost burden is directly dependent upon the number of household members as well. For example, in single person households housing costs account for 24.5 per cent of household disposable income, while in four person households – almost twice less (12.6 per cent).

In 2015, for couples with children housing costs on average comprised EUR 218 monthly, while households consisting of one adult with children spent EUR 159 monthly. Housing costs in single person households were notably lower: in single person aged under 64 households those were EUR 118 monthly and in single person aged over 65 households – EUR 90 monthly. It may be explained by the fact that persons aged over 65 are thriftier, they use less public utilities (water, electricity, etc.) and live in dwellings with lower housing costs, since disposable income of such persons are by EUR 231 lower than the disposable income of persons aged under 64. Moreover, persons aged over 65 most often live in dwellings owned by them or subsidised by local government, whereas housing costs of persons aged under 64 often include rent, mortgage payments etc.

In 2015, housing costs in 33.9 per cent of households were heavy burden – a drop of 6.1 percentage points, compared to 2014 (40.0 per cent). The share of households admitting that housing costs are somewhat a burden has increased – from 45.5 per cent in 2014 to 47.7 per cent in 2015. Each fifth or 18.4 of the households admits that housing costs are not burden at all (in 2014 – 14.5 per cent).

Housing costs for couples with children accounted for 15.2 per cent of the disposable income thereof. Moreover, 25.9 per cent of those households admitted that housing costs are not burden at all. Whereas in households consisting of one adult with children housing costs comprised 24.1 per cent of the disposable income. Just 14.3 per cent of those households admitted that housing costs are not burden at all.

In 2015, 50.4 per cent of single elderly persons (aged 65 and over) indicated that housing costs are a heavy burden. Moreover, they spent 29 per cent of the disposable income thereof to cover housing costs; in percentage it is almost twice the average indicator in the country. Housing costs were a heavy burden also for large share of single-parent families (42.4 per cent) and households consisting of couple with three and more children (35.5 per cent).

Regardless single elderly (aged over 65) had the greatest difficulty in covering housing costs, only 9.1 of them had been in arrears on utility bills during the last 12 months. The highest number of persons being in arrears on utility bills was recorded among households consisting of single adult with children (32.8 per cent) and couples with three or more children (28.2 per cent).

Ref: 102.109.109.7985


Leave a reply

Kirsis asks police to assess possible forging of votes at Riga City Council

Riga City Council’s Unity faction chairman Vilnis Kirsis has asked State Police to check if the city council’s electronic voting system was used without another deputy’s knowledge or consent, said the politician.

Expert: attack in Spain shows how terrorists switched to more easily reachable targets

Terrorist attacks that transpired in Spain this week shows how terrorists have switched to more easily reachable targets, where security requirements are not as strict, says Latvian National Defence Academy’s Security and Strategic Research Centre researcher Martins Hirss.

New mandatory tests in schools to be introduced four years from now

In four years’ time – 2021/2022 school year – it is planned to introduce completely new mandatory tests in schools, as reported by State Education Content Centre Director Guntars Catlaks.

Nearly 9,000 children and their parents got homes thanks to state support programme

In the first half-year of 2017, state support helped 1,527 families in Latvia to buy homes. Compared with last year, families’ demand for state support has grown 6%, as reported by Altum finance institute.

Prediction: Aseradens will likely take control over Unity

Economy Minister Arvils Aseradens will become the head of Unity, Betsafe bookmakers predict. The possibility of Aseradens becoming the head of the party is given 45% probability by Betsafe.

Provisional estimate for next year’s fiscal space in Latvia is EUR 60 million

Next year’s fiscal space has been estimated at EUR 60 million, as noted by Finance Minister Dana Reizniece-Ozola, adding that a more precise estimate will be available at the end of August.

Reconstruction of Vilnius airport runway concludes; aircraft return to Vilnius

On Thursday, 17 August, Vilnius airport’s runway was festively opened. This was the most massive reconstruction for the airport in the past 20 years. It was a unique project for Lithuania and all of Europe, airport representatives say.

Islamic State terrorist group takes responsibility for Barcelona attack

The recent terrorist attack in Barcelona, in which a shuttle bus rammed a crowd of people on La Rambla, killing 13 and injuring at least 100, has become this week’s topic.

Weather in Latvia to be warm but rainy on weekends

The sun will appear every now and then between clouds on Friday, 18 August. Still, some rain is expected, especially in the afternoon in Latvia’s eastern regions, where thunderstorms may appear. Rain is expected to reach the capital in the afternoon. Wind will draw in from the south. Air temperature will reach +21° C… +26° C, according to State Environment, Geology and Meteorology Centre.

Latvia’s export growth was moderately rapid in the first six months of 2017

Compared with the same period of 2016, Latvia experienced a moderately rapid export growth in the first six months of 2017, according to data published by Eurostat on Thursday, 17 August.

Latvia’s annual inflation in July was one of the highest in Europe

Inflation indexes in Latvia and the UK both reached 2.6% in July, which is one of the highest indexes in the European Union, according to data published by Eurostat on Thursday, 17 August.

Kirsis withdraws his candidacy in favour of Aseradens

Riga City Council member Vilnis Kirsis has decided to withdraw his candidacy from the race to become chairman of Unity in favour of a different candidate – Economy Minister Arvils Aseradens.

Rinkevics expresses Latvia’s interest in maintaining political consultations with Palestine

On Thursday, 17 August, Latvia’s Foreign Affairs Minister Edgars Rinkevics met with the leader of Palestine’s diplomatic mission in Latvia, ambassador Taissir Al Adjouri, to discuss mutual relations between Latvia and Palestine and the peace process in the Middle East.

Putin grins to the world’s seven billionth baby, Lithuania wary of border incidents

Russian President Vladimir Putin paid a visit this Wednesday to Kaliningrad, the westernmost point of Russia, but the reports about his trip in the Russian enclave and over the border in Lithuania were strikingly different.

Survey: red considered the safest colour for a car

Most Latvian drivers consider red to be the safest colour for a car. The most popular, however, is black, according to results of a survey by Virši-A fuel trader.

airBaltic’s number of carried passengers reaches a record in second consecutive month

Latvian airBaltic airline carried 393,312 passengers in July 2017, which is 21% more than the same period last year. The number of passengers carried by airBaltic remains the highest it has ever been in the airline’s history, BNN was informed by the company.

Brivais vilnis: nearly all fish processing companies are experiencing losses

Currently nearly all fish processing companies in Latvia are experiencing major or minor losses, says Brivais vilnis chairman Arnols Babris.

American helicopters to perform low-altitude flights within Latvia’s airspace

U.S. Air Force Brigade’s Task Force Phoenix helicopters, which are stationed in Latvia as part of Atlantic Resolve operation, will be performing low-altitude flights from 16:00 to 18:00 from Lielvarde to Dobele on Friday, 18 August.

Healthcare Ministry’s state secretary Karlis Ketners may be replaced

Latvian Healthcare Ministry may replace its state secretary Karlis Ketners. It is possible he will be transferred to work at Finance Ministry, as reported by LTV.

Suspects in Europe's insecticide egg scandal before Dutch court

In the Netherlands, two men have been in court in relation to the scandal of eggs containing banned insecticide that has caused an EU-wide health scare and cost millions of euros of damages.

Indian national with fake documents apprehended on Latvian border

An Indian citizen travelling from Moscow on a bus was caught at Terehovo border control point in Latvia for presenting officers a fake EU family member’s resident card. No criminal process was launched. The person returned to the country he was travelling from.

Latvijas dzelzceļš will not have to pay dividends from last year’s profits

The government decided on Wednesday, 16 August, that Latvijas dzelzceļš will not have to pay dividends from last year’s profits, which were EUR 880,998.

Latvian citizenship provided to 103 people

The Cabinet of Ministers has issued an order to provide Latvian citizenship to 103 people through naturalization.

Estonian Inbank's profits reach EUR 5.7 million in six months

Estonian financial services' provided Inbank made a profit of 5.7 million euros in the first half of 2017, which is a 429.4% increase compared to the respective period in 2016.

Agriculture Ministry invites residents to sign up for measures to support fisheries

From 21 August onward, Rural Support Service plans to start accepting applications for projects to receive support from European Maritime and Fisheries Fund’s action plan for development of fisheries in 2014-2020 as part of projects Innovation, Productive Investments in Aquaculture and Fishing and Aquaculture project processing.

Newest comments