In the first section, this paper describes the methods employed to calculate the first ever hedonic price index created in the Czech Republic using data from the country's biggest mortgage lenders. This section also presents the wider context of the creation of this index and its practical...

The main objective of this paper is to draw attention to the influence of social norms on housing market behaviour. The research is based on in-depth qualitative study of first-time buyers in the Czech Republic. We found systemic deviations from economically rational behaviour (as defined by...

The Narodowy Bank Polski organized during November 14-15, 2013 an international workshop to discuss current issues in the field of real estate analysis from the central bank’s point of view. The development of residential real estate prices as well as commercial real estate prices and real...

After describing changes on the housing market after the breakdown of Communism in Central Europe, the article concentrates on the analysis of the current functions and perceptions of the private rental housing in the Czech Republic. The article aims to understand why private rental housing is...

On the background of current global mortgage crisis the article discusses the housing market theory and particularly the methods and indicators used for the evaluation of long-term sustainability of house price trends. The authors provide the time series of such indicators for selected OECD...

One key consequence of give-away privatizations was that public housing in most post-socialist states declined within a few years to a residual share of total housing market. Despite the large differences in public/social housing policies introduced after 1995, this article will show that that...

The aim of paper is to reveal the link between the scope of housing aid designed to support ageing in place and the housing system. The main research question is whether the structure of the housing stock according to housing tenure has an impact on diversity and innovations in the supply of...

<title>Abstract</title> The return of property expropriated during the communist period to previous owners or to their descendants (property restitution) led to the quick emergence of a private rental sector in those post-communist countries that applied a physical form of property restitution soon after 1990....

This article examines whether housing tenure and regional differences in housing affordability have an impact on labour mobility. This relationship is important for understanding the sources of structural unemployment and impediments to economic growth. Using two sample surveys from the Czech...