Is Housing for Everyone? Comparative Analysis of Selected Regions in Slovakia
Andrej VČELÍK
https://doi.org/10.53465/EDAMBA.2022.9788022550420.506-518
Abstract: The property market and cost of housing are in the spotlight recently, not only as a result of its gradual increase but also as a consequence of latest governmental activities declaring housing and public rental market support as one of its main priorities. This paper shows the property market and residential property prices in the context of households´ disposable income across Slovakia and its sub-regions in the period 2012 - 2021. We see varying conditions between respective regions in terms of average income as well as property prices development. Average affordability index for each of Slovakian sub-regions is assessed combining these two variables. Our goal is to identify the most affected regions, outline an alternative approach for optimal support and investment allocation.
Keywords: housing affordability, property prices, residential real estate market in Slovakia, regional differences, gross income, disposable income development
JEL classification: R31, R58
Fulltext: PDF
Online publication date: 3 March 2023
ISBN: 978-80-225-5042-0
Publisher: University of Economics in Bratislava
Pages: 506-518
To cite this proceedings paper (STN ISO 690 and 690-2):
VČELÍK, A. 2023. Is housing for everyone? Comparative analysis of selected regions in Slovakia. In LÜLEYOVÁ, A. (ed.). EDAMBA 2022: Conference Proceedings. Bratislava: University of Economics in Bratislava, 2023. ISBN 978-80-225-5042-0, pp. 506-518. https://doi.org/10.53465/EDAMBA.2022.9788022550420.506-518
License:
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.