Did rent deregulation alter tenure choice decisions in the Czech Republic?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F16%3A00459392" target="_blank" >RIV/67985998:_____/16:00459392 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/16:00468774
Result on the web
<a href="http://dx.doi.org/10.1111/ecot.12092" target="_blank" >http://dx.doi.org/10.1111/ecot.12092</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1111/ecot.12092" target="_blank" >10.1111/ecot.12092</a>
Alternative languages
Result language
angličtina
Original language name
Did rent deregulation alter tenure choice decisions in the Czech Republic?
Original language description
Our study is the first that explicitly links rent deregulation and the choice between owning and renting (the tenure choice) using household decisions over a 1-year period. The rent deregulation process in the Czech Republic started in 2006, two years after joining the European Union. By design, the maximum regulated rent appreciation depended explicitly on real estate prices, which accelerated the pace of deregulation due to rapidly rising prices at the time. A unique dataset enables us to track the tenure choice of households from consumption surveys for subsequent years. The proportion of households that switched from renting to owning sharply increased among renters of regulated apartments. We show that this change was caused by the deregulation process. In contrast, rent deregulation makes owners and renters paying market rent less likely to change ownership status.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GAP404%2F12%2F1446" target="_blank" >GAP404/12/1446: The Application of Sociological Methods to Detect Housing Market Disequilibrium. Critical & Context-Sensitive Housing Research Methodology.</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economics of Transition
ISSN
0967-0750
e-ISSN
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Volume of the periodical
24
Issue of the periodical within the volume
2
Country of publishing house
GB - UNITED KINGDOM
Number of pages
26
Pages from-to
335-360
UT code for WoS article
000372334400005
EID of the result in the Scopus database
2-s2.0-84975745976