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State and Determinants of Real Estate Market Development in Central and Eastern European Countries on the Example of Poland and Bulgaria

State and Determinants of Real Estate Market Development in Central and Eastern European... Abstract In this paper, the specificity of release and transformation processes of real estate markets in two postsocialist bloc countries, i.e. Bulgaria and Poland, was diagnosed. Comparative analysis of the conditions and directions of change was used as a tool to clarify the current situation, current status and characteristics of these markets. Comparison of Poland and Bulgaria also indicates the prospects for the development of real estate markets. The article is an attempt at assessing the condition and evolutionary progress of the residential segment. The authors also selected obstacles and factors promoting the development of real estate markets in the analyzed countries. This will either enable the critical assessment of changes observed in the past, or prove helpful in the context forecasting market phenomena. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Real Estate Management and Valuation de Gruyter

State and Determinants of Real Estate Market Development in Central and Eastern European Countries on the Example of Poland and Bulgaria

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Publisher
de Gruyter
Copyright
Copyright © 2015 by the
ISSN
2300-5289
eISSN
2300-5289
DOI
10.1515/remav-2015-0017
Publisher site
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Abstract

Abstract In this paper, the specificity of release and transformation processes of real estate markets in two postsocialist bloc countries, i.e. Bulgaria and Poland, was diagnosed. Comparative analysis of the conditions and directions of change was used as a tool to clarify the current situation, current status and characteristics of these markets. Comparison of Poland and Bulgaria also indicates the prospects for the development of real estate markets. The article is an attempt at assessing the condition and evolutionary progress of the residential segment. The authors also selected obstacles and factors promoting the development of real estate markets in the analyzed countries. This will either enable the critical assessment of changes observed in the past, or prove helpful in the context forecasting market phenomena.

Journal

Real Estate Management and Valuation – de Gruyter

Published: Jun 1, 2015

References

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    RĄCKA
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    SZYMAŃSKA
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    PALACIN
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    RENAUD
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    Raport
  • transformacji ustrojowej na rynek nu mieszkaniowych w Analiza z perspektywy wybranych modeli mikroekonomicznych [ The Impact of the Transformation Process on the Residential Real Estate Market in Analysis of Selected Models from the Microeconomic
    JAKUBOWSKI
  • Housing Finance in Transition Economies : The Esrly Years in Eastern Europe and the Former Soviet Union Policy Research Working Paper Publications
    RENAUD
  • Developing secondary mortgage markets in Southeast Europe Assessment of the Mortgage Market in Bulgaria Urban Institute National Accounts by Institutional sectors and sub - sectors Statistical Analyses and Studies
    MERRILL
  • Polish - Transformation Winners and Losers at the Local Level and No pp
    PARYSEK
  • Privatization Risk Reality Issue
    RAYOME
  • development in a local perspective Issue
    FOLEY
  • Human Settlements Trends in Central and Eastern Europe
    UNECE
  • Conditions of Polish Housing Market During Economic Crisis Real Estate Management and Valuation Issue
    SIEMIŃSKA
  • The Private Housing Market In Eastern Europe And The Cis Discussion Paper Series No United Nations Economic Commission For Europe
    PALACIN
  • Urbanization in Tendencies Transformation and No pp
    SZYMAŃSKA
  • Sales of Residential Properties Illustrated with the City of of International Studies No pp
    RĄCKA
  • The Transition of the Polish Real Estate Market within a Central and Eastern European Context Working Papers in Real Estate Planning
    KUCHARSKA
  • uwarunkowania rozwoju mieszkalnictwa i rynku mieszkaniowego Demographic Factors Influencing Housing and Housing Market i Materiały Towarzystwa Naukowego Nieruchomości of the Polish Real Estate Scientific No pp
    NYKIEL
  • development in a local perspective Issue
    FOLEY
  • Conditions of Polish Housing Market During Economic Crisis Real Estate Management and Valuation Issue
    SIEMIŃSKA
  • Comparison of Bulgarian and Polish Residential Market as an example of and Stowarzyszenia Rzeczoznawców Majątkowych Województwa No pp
    KOSTOV
  • Housing Privatization in Central and Eastern Europe : From Policy to Practice United Nations University
    PICHLER
  • Rapid housing privatization in reforming economies : pay the special dividend now urban development division transportation water and urban development department environmentally sustainable development The WORKING PAPER Housing Privatization in Eastern
    BUCKLEY
  • s Transition to a Market Economy Demokratizatsiya The of Post - Soviet Democratization No pp
    LEVINSON
  • Transition to a market economy and sustained growth Implications for the post - Washington consensus Communist and Post - Issue
    KOLODKO
  • o sytuacji na rynkach nieruchomości mieszkaniowych i komercyjnych Report on the Situation in the Residential and Commercial Real Estate Markets in
    Raport
  • Developing secondary mortgage markets in Southeast Europe Assessment of the Mortgage Market in Bulgaria Urban Institute National Accounts by Institutional sectors and sub - sectors Statistical Analyses and Studies
    MERRILL
  • The Socialist Past and Postsocialist Urban Identity in Central and Eastern Europe The Case of and No pp
    KACZMAREK
  • Human Settlements Trends in Central and Eastern Europe
    UNECE
  • uwarunkowania rozwoju mieszkalnictwa i rynku mieszkaniowego Demographic Factors Influencing Housing and Housing Market i Materiały Towarzystwa Naukowego Nieruchomości of the Polish Real Estate Scientific No pp
    NYKIEL
  • The Socialist Past and Postsocialist Urban Identity in Central and Eastern Europe The Case of and No pp
    KACZMAREK
  • Institutional in a Transition The Case of Issue
    GIFFIN
  • Transition to a market economy and sustained growth Implications for the post - Washington consensus Communist and Post - Issue
    KOLODKO
  • s Transition to a Market Economy Demokratizatsiya The of Post - Soviet Democratization No pp
    LEVINSON
  • Real New York
    JOWSEY