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Possibilities for the Growth of Social Housing with the Participation of Developers in Poland

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  • Antczak-Stępniak Agata

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

Abstract

Development activity, understood as an economic activity consisting of transforming a property so as to induce an increase in value, has been expanding in Poland since the early nineties of the twentieth century. However, in this country, it is an activity associated mainly with the profit which a developer can make from the sale or rental of the transformed property. In the West, however, non-profit development activity, providing mainly housing for rent for people with limited financial resources, has become increasingly popular. Under the current institutional conditions, the growth of this type of activity in Poland seems impossible. In this situation, Social Housing Associations could play a similar role, subject to the extension of the scope of their activities and funding opportunities. Therefore, it is reasonable to put forward the thesis that, in order to make the growth of social housing in Poland more dynamic, it is necessary to expand for the range of SHA activities as well as to initiate non - profit development activity based on the model of Western countries. The aim of the paper is to demonstrate the legitimacy of the presented thesis by analyzing the available literature, statistical data and case studies.

Suggested Citation

  • Antczak-Stępniak Agata, 2017. "Possibilities for the Growth of Social Housing with the Participation of Developers in Poland," Real Estate Management and Valuation, Sciendo, vol. 25(1), pages 74-83, March.
    • Handle: RePEc:vrs:remava:v:25:y:2017:i:1:p:74-83:n:4
    DOI: 10.1515/remav-2017-0004
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    References listed on IDEAS

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    1. William S. Hettinger, 2005. "Low Income Housing Tax Credits: strategies for year 15," Communities and Banking, Federal Reserve Bank of Boston, issue Sum, pages 12-19.
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