Title The economic factors influence on real estate market development /
Authors Krajnakova, Emilia ; Jegelavičiūtė, Rusnė ; Navickas, Valentinas
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Is Part of Ad alta: journal of interdisciplinary research.. Hradec Králové : Magnanimitas. 2018, vol. 8, iss. 2, p. 141-146.. ISSN 1804-7890. eISSN 2464-6733
Keywords [eng] economic growth ; development ; real estate ; real estate market
Abstract [eng] The real estate market has a significant impact on the development of any country's economy. However, there is also a reverse effect - economic growth leads to inevitable changes in the real estate market. The author's analysis of scientific literature shows that the real estate market is influenced by the same macro and microeconomic factors that affect the entire economy and social environment. These are general indicators reflecting the state of the economy or its sector, which may be affected by demand, consumer expectations, declines in government grants for a particular region, or other negative factors. These negative factors lead to a fall in the profitability of regional branches of economy, which also affects the overall economic situation. This article examines the impact of the income gap of a specific region on the real estate market and regional development.
Published Hradec Králové : Magnanimitas
Type Journal article
Language English
Publication date 2018
CC license CC license description