Completed project

Social inequalities and the market risks following from housing consumption. The real and desirable response of state fiscal and monetary policies

Project duration: 
2008 - 2010

The objective of the project is to make a comprehensive, theoretically framed, and empirically grounded, context-based description of the transformation of housing conditions in the CR after 1990, including both the identification of the main causes of this development and an analysis of its effects on social inequalities and market risks. In the area of inequalities the project focuses on housing affordability, the residential property distribution, access to housing, and extreme forms of inequalities (social exclusion). In the area of market risks the project focuses on risks arising from the growth in the level of homeownership, the mortgage market development, and the "manipulation" of housing demand. The goal is also to evaluate current tools of state housing and monetary policy, whether they effectively limit the growth of social inequalities that are a threat to sustainable economic development and social cohesion, whether they limit the growth of market system risks, and to make general recommendations for changes in this fields.

The project is supported by the Grant agency of the Czech Republic, the head of the project is Ing. Mgr. Martin Lux, Ph.D. The project started in 2009  and ends in 2011. Read more...

Principal investigator: 
Topics: 
housing
Grant agency: 
Czech Science Foundation (GACR)

Project publications (total 39, displaying 31 - 39)

Lux, Martin, Petr Sunega

This article examines whether housing tenure and regional differences in housing affordability have an impact on labour mobility. This relationship is important for understanding the sources of structural unemployment and impediments to economic growth. Using two sample surveys from the Czech Republic, this research reveals that at the individual level housing tenure is the most powerful factor determining willingness to change residence for employment reasons.

Topic:
housing, migration and mobility, work, regions
Department:
Socioeconomics of Housing
Type of publication:
Article with impact factor
Lux, Martin, Petr Sunega

The paper presents the main findings from a detailed analysis of the interrelations between selected agents in the supply side of the housing market in Prague. It discusses the sources of potential market inefficiencies emerging from the nature of interrelations between developers, construction firms, and the producers of building materials in transition economy. The results highlight the barriers which prevent housing supply to react effectively to changes in housing demand.

Topic:
housing
Department:
Socioeconomics of Housing
Type of publication:
Article with impact factor
Dvořák, Tomáš

Monografie Standardy bydlení 2010/2011 je již pátou v řadě monografií se stejným názvem, ale různým vročením, vydaných Sociologickým ústavem AV ČR, v.v.i.; předcházející monografie byly vydány v letech 2003, 2004, 2005 a 2008.

Topic:
housing
Department:
Socioeconomics of Housing
Type of publication:
Chapter in monograph
Lux, Martin

The book contains a description and evaluation of the housing system reform in the Czech Republic constituting part of the transition from centrally planned to market economy. It addresses two goals: to evaluate housing subsidy reforms by applying improved methods of welfare economics and, secondly, to list the main factors explaining the particular outcomes of this reform.

 

Topic:
housing, economics, public policy
Department:
Socioeconomics of Housing
Type of publication:
Monograph
Lux, Martin
Topic:
housing, wages and incomes
Department:
Socioeconomics of Housing
Type of publication:
Other publication
Lux, Martin

The chapter describes and evaluates the changes in housing policies in Central and Eastern European countries after 1989.

Topic:
housing, transformation, public policy
Department:
Socioeconomics of Housing
Type of publication:
Chapter in monograph
Hegedüs, Amann, W., Martin Lux, E. Springler

The chapter describes and evaluates the development of both market-based housing finance and social housing finance in post-socialist transition countries.

Topic:
housing, social policy, transformation
Department:
Socioeconomics of Housing
Type of publication:
Chapter in monograph
Hegedüs, József, Martin Lux, Petr Sunega

The goal of this paper is to outline the main factors influencing the diverse consequences of the global economic crisis on housing and mortgage markets in two post-socialist economies—the Czech Republic and Hungary. In the former there was a mild decline of markets while in the latter there has been a depression of markets. The paper also contributes to the convergence and divergence debate on housing policies in Europe.

Topic:
housing, economics, public policy
Department:
Socioeconomics of Housing
Type of publication:
Article with impact factor
Lux, Martin, Petr Sunega, Tomáš Katrňák

Housing conditions form an important part of social stratification in many advanced industrial economies. The objective of this article is to determine the extent to which social stratification is linked to housing inequalities in the post-socialist Czech Republic; and how this relationship has evolved during the course of the economic transformation process.

Topic:
housing, economics, social inequalities, transformation
Department:
Socioeconomics of Housing
Type of publication:
Article with impact factor

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