Meera Sankar knew it was time to give up her dream of buying a home in Prague when she looked at a flat barely big enough for one person but carrying a budget-busting price tag.
The 31-year-old's experience is a common one in Prague and other cities in central Europe where high prices, squeezed by acute supply shortages, have pushed home ownership out of reach for many potential first-time buyers. As the region's central banks now hike borrowing rates, the problem is getting worse.
