Impacts of the covid-19 pandemic on the residential market in Prague

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F21%3A00356856" target="_blank" >RIV/68407700:21110/21:00356856 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.20472/BMC.2021.012.005" target="_blank" >https://doi.org/10.20472/BMC.2021.012.005</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.20472/BMC.2021.012.005" target="_blank" >10.20472/BMC.2021.012.005</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Impacts of the covid-19 pandemic on the residential market in Prague

Popis výsledku v původním jazyce

The paper describes the changes in the residential market in individual city districts in Prague due to the COVID-19 pandemic. In Prague, there is a significant decrease in the use of short-term rental of apartments through Airbnb and Booking services. Due to the impossibility of renting an apartment to tourists, the owners offered their apartments on the market of long-term rentals. There is an increase in the supply side, which has an impact on falling rental prices. The biggest changes are taking place in the centre of Prague. On the other hand, there is a significant increase in the selling prices of flats, which is mainly related to the monetary policy of the central bank, low mortgage interest rates and citizens' fears of rising inflation. The paper compares the price development in individual city districts of Prague for the period 2018 to June 2021.To describe the development of the residential market in Prague, the EVAL software is used. The EVAL software collects, analyses and evaluates real estate advertising in the Czech Republic.

Název v anglickém jazyce

Impacts of the covid-19 pandemic on the residential market in Prague

Popis výsledku anglicky

The paper describes the changes in the residential market in individual city districts in Prague due to the COVID-19 pandemic. In Prague, there is a significant decrease in the use of short-term rental of apartments through Airbnb and Booking services. Due to the impossibility of renting an apartment to tourists, the owners offered their apartments on the market of long-term rentals. There is an increase in the supply side, which has an impact on falling rental prices. The biggest changes are taking place in the centre of Prague. On the other hand, there is a significant increase in the selling prices of flats, which is mainly related to the monetary policy of the central bank, low mortgage interest rates and citizens' fears of rising inflation. The paper compares the price development in individual city districts of Prague for the period 2018 to June 2021.To describe the development of the residential market in Prague, the EVAL software is used. The EVAL software collects, analyses and evaluates real estate advertising in the Czech Republic.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

20101 - Civil engineering

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 12th Business & Management Conference, Prague

ISBN

978-80-7668-005-0

ISSN

—

e-ISSN

2570-6543

Počet stran výsledku

8

Strana od-do

33-40

Název nakladatele

The International Institute of Social and Economic Sciences

Místo vydání

Praha

Místo konání akce

Prague

Datum konání akce

15. 9. 2021

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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