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25 Years of Free Real Estate Market in Poland. A SWOT Analysis

Author

Listed:
  • Leszek Kałkowski

    (Instytut Rozwoju Miast, Zakład Przestrzennych i Społecznych Aspektów Mieszkalnictwa)

  • Maciej W. Wierzchowski

    (Instytut Rozwoju Miast, Zakład Przestrzennych i Społecznych Aspektów Mieszkalnictwa)

Abstract

The aim of this article is a synthetic presentation of the results of the assessment of the current state of the Polish real estate market, achieved after twenty-five years of its functioning in the conditions of market economy. The assessment was based on the SWOT analysis method in which supplementally, for the quantification of individual factors characterising the market, the method of Geneva (indicator method) was used. It was estimated that in 2014 the sum of: • positive characteristics reached a total of 175 points compared to 200 possible (the Polish real estate market does not use approximately 12.5% of the value associated mainly with stimulating demand and the activation of our market for foreign investors); • negative characteristics reached a total of 105 points out of 200 possible (the Polish real estate market is facing the neutralisation of a half of imperfections, resulting mainly from the poor economic condition of households, poor land management in urban areas).

Suggested Citation

  • Leszek Kałkowski & Maciej W. Wierzchowski, 2016. "25 Years of Free Real Estate Market in Poland. A SWOT Analysis," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 95, pages 5-10, March.
    • Handle: RePEc:kra:journl:y:2016:i:95:p:5-10
    DOI: 10.14659/worej.2016.95.01
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    More about this item

    Keywords

    economic transformation; changes in real estate market; SWOT evaluation;
    All these keywords.

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R33 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Nonagricultural and Nonresidential Real Estate Markets

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