Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F27590101%3A_____%2F22%3A00000222" target="_blank" >RIV/27590101:_____/22:00000222 - isvavai.cz</a>
Result on the web
<a href="https://www.ejist.ro/abstract/501/Determinants-of-House-Prices-and-Housing-Affordability-Dynamics-in-the.html" target="_blank" >https://www.ejist.ro/abstract/501/Determinants-of-House-Prices-and-Housing-Affordability-Dynamics-in-the.html</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.24818/ejis.2022.24" target="_blank" >10.24818/ejis.2022.24</a>
Alternative languages
Result language
angličtina
Original language name
Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic
Original language description
The property market in Central European Region countries share a number of common features among which privatization, restitution of property, massive regulation or underdeveloped financial market all of which contributed on persisting property market imbalances and continuous dynamic changes. These changes have recently been significantly exacerbated by the presence of the Covid-19 pandemic, the war in Ukraine and a significant increase in energy prices (heating of apartments and houses, production of building materials, etc.). It is currently difficult for investors and people looking for their own housing to predict the future development of housing prices and housing affordability. This article analyses the housing market trends in this region taking the example of the Czech Republic using unique primary statistical data. It offers a deeper insight into the trends present on this market, identifies significant determinants of housing prices and evaluates changes in housing affordability. Our research reveals why the property market trends may contribute to opening inequality scissors and thus economic stability. This research is based on primary statistical data mined by EVAL software which allows to gather information about the development of the real estate market from real estate advertising.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
European Journal of Interdisciplinary Studies
ISSN
2067-3795
e-ISSN
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Volume of the periodical
2022
Issue of the periodical within the volume
2
Country of publishing house
RO - ROMANIA
Number of pages
14
Pages from-to
119-132
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85148891458