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Conditions Limiting and Stimulating Investment in Regeneration Areas in Cities Included in Pilot Projects (Bytom, Wałbrzych, Łódź)

Author

Listed:
  • Aleksandra Jadach-Sepioło

    (Szkoła Główna Handlowa w Warszawie)

Abstract

In the case of three cities in Poland (Lodz, Bytom and Walbrzych) the degradation of social, economic, environmental and technical urban areas has led to a significant reduction of their attractiveness for citizens and investors. The scale of the problems justifies the support for the revitalisation of these cities from the national level. The importance of their renewal was confirmed in the Partnership Agreement between the Polish government and the European Union. One of the problems connected with the low attractiveness are low property prices and low liquidity on the local real estate market. The main aim of this article is to present the limitations of real estate investments in deteriorated areas. With regard to that, the actions will be presented, which are planned by the pilot cities to mitigate information deficits in the regeneration areas.

Suggested Citation

  • Aleksandra Jadach-Sepioło, 2016. "Conditions Limiting and Stimulating Investment in Regeneration Areas in Cities Included in Pilot Projects (Bytom, Wałbrzych, Łódź)," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 97, pages 5-8, September.
    • Handle: RePEc:kra:journl:y:2016:i:97:p:5-8
    DOI: 10.14659/worej.2016.97.01
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    More about this item

    Keywords

    urban regeneration; pilot projects; real estate market; deteriorated areas;
    All these keywords.

    JEL classification:

    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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