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Comparison of Housing Affordability in Czech and Polish Regions

Author

Listed:
  • Slavata David

    (VSB-Technical University of Ostrava, Faculty of Economics, Department of Public Economics, Sokolská třída 33, 70200 Ostrava, Czech Republic)

  • Ardielli Eva

    (VSB-Technical University of Ostrava, Faculty of Economics, Department of Public Economics, Sokolská třída 33, 70200 Ostrava, Czech Republic)

  • Maciejasz Marta

    (Opole University, Faculty of Economics, Ozimska 46a, 45-058 Opole, Poland)

Abstract

Great differences are observed in the way of living, the quality of living, and the type of property ownership in individual countries of the world. However, housing affordability is currently a significant issue in every developed country. At the same time, it is also an important factor of economic development on both the national and regional level. The paper is focused on the comparison of housing affordability in the Czech and Polish regions. The presented research combines four different commonly used indicators of housing affordability (financial and physical) into a newly defined index and applies it to the Czech Republic and Poland regions for the period 2020-2022. The aim is the comparison of Czech and Polish regions according to the selected housing indicators and calculated standard housing affordability index SAI, which is a newly created index compiled by the authors. The result of the research is a calculation of housing availability in a total of 30 Czech and Polish regions and a comparison of the development of housing availability in 2020 and 2022 in these regions. The result of the research is the finding that the availability of housing in the Czech regions is on average lower than in the Polish regions and, in addition, that the availability has decreased compared to 2020 in both the Czech and Polish regions by 2022.

Suggested Citation

  • Slavata David & Ardielli Eva & Maciejasz Marta, 2024. "Comparison of Housing Affordability in Czech and Polish Regions," Review of Economic Perspectives, Sciendo, vol. 24(1), pages 17-36, March.
    • Handle: RePEc:vrs:reoecp:v:24:y:2024:i:1:p:17-36:n:2
    DOI: 10.2478/revecp-2024-0002
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    References listed on IDEAS

    as
    1. Michael Stone, 2006. "What is housing affordability? The case for the residual income approach," Housing Policy Debate, Taylor & Francis Journals, vol. 17(1), pages 151-184.
    2. Eduard Hromada & Klara Cermakova, 2021. "Financial Unavailability Of Housing In The Czech Republic And Recommendations For Its Solution," International Journal of Economic Sciences, European Research Center, vol. 10(2), pages 47-57, December.
    3. Eduard Hromada & Klara Cermakova, 2021. "Financial Unavailability Of Housing In The Czech Republic And Recommendations For Its Solution," International Journal of Economic Sciences, European Research Center, vol. 10(2), pages 47-58, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    affordability; Czech Republic; housing; ownership; Poland; real estate market; regions;
    All these keywords.

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General

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