LOCAL HOUSING MARKETS IN POLAND AND THEIR ADJUSTMENT TO THE MARKET RULES
||Zaleczna, Magdalena; Konrad Zelazowski
||LOCAL HOUSING MARKETS IN POLAND AND THEIR ADJUSTMENT TO THE MARKET RULES
||Book of Abstracts: 13th Annual European Real Estate Society Conference in Weimar, Germany
||During socialist period components of housing economy, i.e. the production of housing, its distribution and maintenance, depended on a number of political factors and were funded by the national budget. Concerning the production aspect, special solutions facilitating financing of residential building made it possible for co-operative housing to grow, which was accompanied by a regression in other forms of building. Also the distribution of the produced flats and the maintenance of the existing stock was largely controlled by the government. In the beginning of 90s the level of new housing supply was the reminiscence of the socialist period. Than it changed due to the very deep economic reforms creating new conditions for housing supply and demand. On the base of housing monitoring conducted in selected Polish cities authors try to investigate the regional differences between local housings markets in Poland. The research is focused on changes in supply and demand sides, aimed at presenting some adjustments of the local housing markets to the market rules considering the economic and social conditions.
||housing economy; demand; supply; local markets
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