Adjusting Housing Policies in Slovakia in Light of Euro Adoption:
House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a consequence o...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2009
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market. As euro membership will most likely go along with easier financial conditions and also entails limited availability of national policy tools, current housing policies will have to be adjusted. The challenges are to avoid overheating of the housing market in the medium term, in part by making supply more reactive to demand, and to phase out the hurdles that are currently impeding the private rental market, which would facilitate labour mobility. This Working Paper relates to the 2009 OECD Economic Survey of the Slovak Republic |
| Physical Description: | 1 Online-Ressource (28 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/226173687724 |
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| spelling | Hüfner, Felix Verfasser aut Adjusting Housing Policies in Slovakia in Light of Euro Adoption Felix Hüfner = Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro / Felix Hüfner Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro Paris OECD Publishing 2009 1 Online-Ressource (28 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market. As euro membership will most likely go along with easier financial conditions and also entails limited availability of national policy tools, current housing policies will have to be adjusted. The challenges are to avoid overheating of the housing market in the medium term, in part by making supply more reactive to demand, and to phase out the hurdles that are currently impeding the private rental market, which would facilitate labour mobility. This Working Paper relates to the 2009 OECD Economic Survey of the Slovak Republic Economics Slovak Republic https://doi.org/10.1787/226173687724 Verlag kostenfrei Volltext |
| spellingShingle | Hüfner, Felix Adjusting Housing Policies in Slovakia in Light of Euro Adoption Economics Slovak Republic |
| title | Adjusting Housing Policies in Slovakia in Light of Euro Adoption |
| title_alt | Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro |
| title_auth | Adjusting Housing Policies in Slovakia in Light of Euro Adoption |
| title_exact_search | Adjusting Housing Policies in Slovakia in Light of Euro Adoption |
| title_exact_search_txtP | Adjusting Housing Policies in Slovakia in Light of Euro Adoption |
| title_full | Adjusting Housing Policies in Slovakia in Light of Euro Adoption Felix Hüfner = Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro / Felix Hüfner |
| title_fullStr | Adjusting Housing Policies in Slovakia in Light of Euro Adoption Felix Hüfner = Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro / Felix Hüfner |
| title_full_unstemmed | Adjusting Housing Policies in Slovakia in Light of Euro Adoption Felix Hüfner = Ajuster la politique du logement en Slovaquie dans le contexte de l'adoption de l'euro / Felix Hüfner |
| title_short | Adjusting Housing Policies in Slovakia in Light of Euro Adoption |
| title_sort | adjusting housing policies in slovakia in light of euro adoption |
| topic | Economics Slovak Republic |
| topic_facet | Economics Slovak Republic |
| url | https://doi.org/10.1787/226173687724 |
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