Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic

Popis výsledku anglicky

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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název periodika

European Journal of Interdisciplinary Studies

ISSN

2067-3795

e-ISSN

—

Svazek periodika

2022

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

14

Strana od-do

119-132

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85148891458