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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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2009
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| Schriftenreihe: | OECD Economics Department Working Papers
no.682 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 1 Online-Ressource (28 p.) 21 x 29.7cm. |
| DOI: | 10.1787/226173687724 |
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| spelling | Hüfner, Felix VerfasserIn 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 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.682 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 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/226173687724 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_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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