Development of socio-economic condition of the population and the real estate market – research in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F19%3A%230000116" target="_blank" >RIV/02819180:_____/19:#0000116 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.36689/uhk/hed/2019-02-005" target="_blank" >http://dx.doi.org/10.36689/uhk/hed/2019-02-005</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.36689/uhk/hed/2019-02-005" target="_blank" >10.36689/uhk/hed/2019-02-005</a>
Alternative languages
Result language
angličtina
Original language name
Development of socio-economic condition of the population and the real estate market – research in the Czech Republic
Original language description
The paper deals with the development of socio-economic condition of the population and the real estate market in the Czech Republic. It explores the influence of annual net household income (in CZK), reflecting the socioeconomic situation of the population. Provided the housing market is stabilized, household income becomes the factor affecting real estate market variables such as a predictive value of residential buildings and the number of finished and started apartments, examined in this study. Both variables and relationships between them are assessed using standard statistical tools, namely the average growth coefficient and the annual growth rate. The aim of the study is to verify the methodology of the measurement of the real estate market financial stability and to find out whether the real estate market development depends on the net income of the population. If so, common assumptions about the housing market stability are confirmed. Authoritative sources listed in the literature review section prove the importance of research on this issue. In terms of the data analysed, the following results were achieved. The real estate market in the Czech Republic shows long-term stability. In the short run, however, residential dwellings are in short supply, the rate of housing construction being lower than demand which rises with the improving socio-economic situation of the population. This will nevertheless not necessarily lead to financial instability in the future.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
—
OECD FORD branch
50201 - Economic Theory
Result continuities
Project
—
Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Hradec economic days
ISBN
—
ISSN
2464-6067
e-ISSN
—
Number of pages
11
Pages from-to
57-67
Publisher name
Univerzita Hradec Králové
Place of publication
Univerzita Hradec Králové
Event location
Hradec Králové
Event date
Feb 5, 2019
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—