Did rent deregulation alter tenure choice decisions in the Czech Republic?

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/00216208:11640/16:00468774

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Did rent deregulation alter tenure choice decisions in the Czech Republic?

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Did rent deregulation alter tenure choice decisions in the Czech Republic?

Popis výsledku anglicky

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.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

<a href="/cs/project/GAP404%2F12%2F1446" target="_blank" >GAP404/12/1446: Využití sociologických metod pro analýzu nerovnováhy na trhu bydlení. Kritická a kontextuální metodologie ve výzkumu bydlení.</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název periodika

Economics of Transition

ISSN

0967-0750

e-ISSN

—

Svazek periodika

24

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

26

Strana od-do

335-360

Kód UT WoS článku

000372334400005

EID výsledku v databázi Scopus

2-s2.0-84975745976