Housing Standards 2003/2004:
Housing Policy in the Czech Republic - More Efficiently and More Effective

Lux M., P. Sunega, T. Kostelecký, D. Čermák, P. Košinár
Prague: The Institute of Sociology, Academy of Sciences of the Czech Republic

5. Simulation of an equilibrium market rent in the Czech Republic and of the financial and social impact resulting from an introduction of income-tested housing policy instruments

Introduction

The goal of this chapter is to attempt, using a relatively complex simulation model, to estimate the equilibrium rent in the Czech context and the minimum rent required by private investors in the sector of rental housing, to propose a concrete possible form of two basic instruments increasing the affordability of housing - social housing and a housing allowance - and to quantify their social and economic impact.


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