Skipping lattes won’t buy you an apartment in Prague (but these tips might)

Young Czechs' coffee habits are being blamed for the housing crunch—but the math tells a very different story. We explain how.

Expats.cz Staff

Written by Expats.cz Staff Published on 30.09.2025 16:55:00 (updated on 01.10.2025) Reading time: 3 minutes

Housing Business & Money
Apple, Shutterstock by artem evdokimov
Apple, Shutterstock by artem evdokimov

A recent Czech Television (ČT24) report suggesting that cutting back on daily luxuries like coffee and snacks could help people afford housing in Czechia has sparked backlash from economists and housing advocates. Critics say the claim distracts from the real drivers of the crisis.

The report aired in early September implied that younger generations’ lifestyle spending habits contribute to their inability to purchase homes.

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Economists often cite the Lipstick Index: in times of financial stress, people reach for small, affordable comforts when bigger goals feel unattainable. As sociologist Kateřina Mullerová told ČT24:

“They want to enjoy the money they earn… but many don’t see themselves being able to buy a home anytime soon, or even when planning to start a family.”

For young people like Polina, interviewed in the ČT24 segment, the reality is clear: she can’t simply save for a mortgage, so she chooses to treat herself here and now.

#business #cost of living #czech economy #economy #Finance #house prices #Housing #Money Matters #prague house prices #real estate
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