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Housing Affordability in the Context of Covid-19 Pandemic – New Challenges for Romania

In: International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020)

Author

Listed:
  • Luminita-Mirela Lăzărescu

    („Stefan cel Mare" University, Suceava, Romania)

  • Daniela Liliana Diacon

    („Stefan cel Mare" University, Suceava, Romania)

  • Vasile Efros

    („Stefan cel Mare" University, Suceava, Romania)

  • Vasilică-Dănut Horodnic

    („Stefan cel Mare" University, Suceava, Romania)

Abstract

The world has changed rapidly in recent months as a result of the impact of the COVID-19 pandemic on all areas of socio-economic life. The crisis directed, in a first phase, the efforts of the whole society in the direction of ensuring the public health, and later also towards the economic recovery by resuming the human activities. In this context, housing has been a point of stability and a starting point for all efforts, and access to adequate housing has proven its importance for ensuring the health and well-being of the population. The purpose of the research is to highlight a series of housing affordability problems pre-existent and new problems arising from the influence of the COVID-19 pandemic on the housing sector in Romania. The present research highlights pre-existing problems in the general picture of housing at the national level, how these issues condition access to adequate and affordable housing, the emergence of new risk groups in the population in terms of access to housing, highlights the impact of the pandemic on the ability of households to bear housing costs and proves that housing insecurity is exacerbated by the effects of the crisis. The analyzes used data provided by the National Institute of Statistics, Eurostat, the Quality of Life Research Institute as well as reports prepared by specialized European organizations.

Suggested Citation

  • Luminita-Mirela Lăzărescu & Daniela Liliana Diacon & Vasile Efros & Vasilică-Dănut Horodnic, 2020. "Housing Affordability in the Context of Covid-19 Pandemic – New Challenges for Romania," Book chapters-LUMEN Proceedings, in: Marcin Waldemar STANIEWSKI & Valentina VASILE & Adriana Grigorescu (ed.), International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), edition 1, volume 14, chapter 22, pages 294-311, Editura Lumen.
  • Handle: RePEc:lum:prchap:14-22
    DOI: https://doi.org/10.18662/lumproc/ibmage2020/22
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    References listed on IDEAS

    as
    1. Luminita-Mirela Lăzărescu & Daniela Liliana Diacon, 2020. "A Comparative Analysis of the Housing Affordability in Romania and the European Union from the Perspective of the Housing Costs," Book chapters-LUMEN Proceedings, in: Carmen NĂSTASE (ed.), 16th Economic International Conference NCOE 4.0 2020, edition 1, volume 13, chapter 9, pages 93-104, Editura Lumen.
    2. Saberi, Meead & Wu, Hongzhi & Amoh-Gyimah, Richard & Smith, Jonathan & Arunachalam, Dharmalingam, 2017. "Measuring housing and transportation affordability: A case study of Melbourne, Australia," Journal of Transport Geography, Elsevier, vol. 65(C), pages 134-146.
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    More about this item

    Keywords

    housing affordability; COVID-19 pandemic; vulnerable groups; adequate housing; challenges;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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