To Rent or to Buy - Analysis of Housing Tenure Choice Determined by Housing Policy

• Autorzy: Hanna Augustyniak , Jacek Łaszek , Krzysztof Olszewski , Joanna Waszczuk
• Języki publikacji: EN

Abstrakty

EN

The article discusses the relatively large share of owner-occupied housing in the housing stock in selected European countries with relatively low per capita income and describes the underlying causes of this phenomenon. We also identify the economic implications of the growing number of owneroccupied housing and poorly developed rental market. The paper analyses home purchase or rental decisions and explains the correlations between housing availability, consumption and households' savings, as well as housing policy and investigates this question empirically. The way in which the development of the rental market can improve the situation in the property market is presented on the basis of a simple model. (original abstract)

Słowa kluczowe

EN

Housing market; Housing policy; Ownership of real property; Economic models

PL

Rynek mieszkaniowy; Polityka mieszkaniowa; Własność nieruchomości; Modele ekonomiczne

• Czasopismo: Ekonomia / Uniwersytet Warszawski
• Rocznik: 2013
• Numer: nr 33
• Strony: 31--54

Twórcy

autor

Hanna Augustyniak

• Narodowy Bank Polski

autor

Jacek Łaszek

• Szkoła Główna Handlowa w Warszawie; Narodowy Bank Polski

autor

Krzysztof Olszewski

• Narodowy Bank Polski

autor

Joanna Waszczuk

• Narodowy Bank Polski

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