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Residential Development Activity In The Polish Legal Setting

Author

Listed:
  • Antczak - Stępniak Agata

    (Department of Investment and Real Estate, Faculty of Economics and Sociology, University of Lodz)

Abstract

Residential development in Poland has gone through many changes over the last few decades. In the 1990s, housing cooperatives played a major role among investors in the residential market, whereas developers were only taking their first steps. Today the situation has reversed. In addition to private persons building homes for their own use, developers contribute the most to the supply of new housing. There are many factors that have led to this situation. It is noteworthy that many laws governing the real estate market, the construction market, the development of entrepreneurship, etc. have been either enacted or frequently amended over the last two decades, which may have significantly affected developers’ activities.The article is an attempt to answer the question about whether and, if so, how strongly changes in the legal setting have influenced residential development activity in Poland.

Suggested Citation

  • Antczak - Stępniak Agata, 2015. "Residential Development Activity In The Polish Legal Setting," Real Estate Management and Valuation, Sciendo, vol. 23(1), pages 42-54, March.
    • Handle: RePEc:vrs:remava:v:23:y:2015:i:1:p:42-54:n:4
    DOI: 10.1515/remav-2015-0004
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    More about this item

    Keywords

    development activity; legal setting; quantitative analysis; housing construction;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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