SOCIAL HOUSING COSTS
SOCIAL HOUSING COSTS

Author(s): Viliam Záthurecký
Subject(s): Financial Markets, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: residential housing; property prices; building activity; price regulation and deregulation;
Summary/Abstract: The paper discusses the growth of building activity of the residential housing and property prices on the example of City Brno following the abolition of regulated rents for rental housing in the Czech Republic. Thanks to the abolition of rent control by the state, real estate prices have increased several times over the past 25 years. The demand for high quality housing and its increase could be explained by several factors such as changing of socioeconomic behaviour, rising incomes, competition, the banking sector, and low interest rates. Methodologically attention has been stressed to analysed results from secondary data from our own research in the environment of housing with an emphasis on the City Brno. Results of the survey will be used also for municipal and government authorities to limit unnecessary regulation in the surveyed sector.

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