Development of socio-economic condition of the population and the real estate market – research in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Development of socio-economic condition of the population and the real estate market – research in the Czech Republic

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Development of socio-economic condition of the population and the real estate market – research in the Czech Republic

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Hradec economic days

ISBN

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ISSN

2464-6067

e-ISSN

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Počet stran výsledku

11

Strana od-do

57-67

Název nakladatele

Univerzita Hradec Králové

Místo vydání

Univerzita Hradec Králové

Místo konání akce

Hradec Králové

Datum konání akce

5. 2. 2019

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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