Finansowe determinanty bańki cenowej na rynku mieszkaniowym w Polsce
Financial Determinants of Price Bubble on the Polish Housing Market

Summary/Abstract: The phenomena of pricing bubble formation and burst on asset markets are a directcause of disturbances in the stability of economies. Various pricing bubbles can be presenton many types of markets; more and more often they concern also residential real estatemarkets. The article identifies factors which had the greatest impact on the process of pricingbubble formation and growth on the residential real estate market in the years 2004–2007. Itshows, above all, detailed interrelations between the dynamics of price growth on the residentialmarket and its financing system, and the impact of changing apartment prices in theyears 2004–2015 on the operation of the real estate market and the banking sector in Poland.

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