Możliwości nabywcze młodych osób na lokalnym rynku nieruchomości mieszkaniowych
Purchasing abilities of young people on the local housing market

Author(s): Łukasz Strączkowski
Subject(s): Politics, Economy, Business Economy / Management, Micro-Economics, Sociology, Economic policy, Social development, Social differentiation, Family and social welfare, Economic development, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: rynek mieszkań;możliwości nabywcze;młodzi;dostępność mieszkań;Poznań;
Summary/Abstract: Purpose: The aim of the study is to determine the purchasing power (housing affordability indicators) of young people (up to 35 years old) on the local housing market. Design/methodology/approach: The author has conducted a critical review of the literature on the economic situation of young people in terms of the possibility to meet their needs on the housing market. The author has taken into account the problems resulting from the situation of young people on the labour market and their housing preferences. Furthermore, the article also presents the situation on the local residential real estate market. Findings: Based on the results of the analysis of the situation of young people on the labour market, their income and the data illustrating the situation on the local residential real estate market, it may be concluded that dwellings in urban areas are relatively expensive, which means that only a small group of people can freely meet their housing needs. For most young people, buying a preferred dwelling becomes an overwhelming challenge. The indexes reflecting purchasing abilities may explain the choice of suburban locations as places of residence. Originality and value: Research concerning young people on the residential real estate market usually focuses on their needs and preferences. Additionally, it is indicated that young people constitute the largest age group among buyers. On the other hand, the media image of the residential real estate market focuses on growing prices and purchases, ignoring the difficult situation of many people under the age of 35. Therefore, the study attempts to fill this gap and indicates the need to discuss the consequences of the current state of affairs (e.g. limiting housing purchases, parents and adult children living together for long periods of time).

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