Digital library of construction informatics and information technology in civil engineering and construction
 
ITC
Digital library
SciX
Tower of Babel
Home All papers Browse by series Browse by authors Browse by keywords Browse by years
Paper: eres2007_228
Paper title: The Housing Market in Poland – a Speculative Bubble or Natural Market Adjustments?
Authors: Kucharska-Stasiak, Ewa; Konrad _elazowski
Summary: In the recent period, the housing market in Poland has been very active. An externalization of this activity is the number of concluded transactions, growing prices of building lots, single-family houses and flats, or the expansion of developers’ activities, etc. The sudden rise in the property prices must entail several questions. Are we witnessing the emergence of a price bubble that will end up in a similarly rapid downslide in the future? Alternatively, can the situation of the Polish property market be explained through the socio-economic circumstances? The paper endeavours to verify the above research hypotheses and identify the further course of events in the Polish housing property market. The paper is composed of three parts. Part one provides the statistical analysis of the housing market in Poland. Part two investigates why the property prices are on the rise. Finally, part three tries to answer the question whether the rapid increase in the property prices in Poland will maintain or perhaps they will be drastically adjusted.
Type:
Year of publication: 2007
Series: ERES:conference
Download paper:
Citation: Kucharska-Stasiak, Ewa; Konrad _elazowski (2007). The Housing Market in Poland – a Speculative Bubble or Natural Market Adjustments?. 14th Annual European Real Estate Society Conference in London, UK, http://itc.scix.net/paper/eres2007_228
hosted by University of Ljubljana University of Ljubljana

includes:

CIB
W78

ECCE

ITcon
© itc.scix.net
inspired by SciX, ported by Robert Klinc [2019]