The impact of the COVID-19 pandemic on the residential real estate market on the example of Szczecin, Poland

Bas, Marcin

doi:10.1016/j.procs.2022.09.264

Cited by 10 publications

(2 citation statements)

References 20 publications

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“…A study published by M. Bas [23] aimed to evaluate the impact of the socioeconomic situation caused by the pandemic COVID-19 on the residential real estate market in Szczecin, Poland. The study found that the pandemic had a significant impact on the residential real estate market, with short-term changes in the formation of residential real estate prices and the number of completed transactions.…”

Section: Changes In Housing Market In Poland During the Covid-19 Pand...mentioning

confidence: 99%

The housing market in Poland during the Covid-19 pandemic

2023

Archives of Civil Engineering

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This article examines the impact of economic factors, such as changes in interest rates and inflation, on the primary housing market in Poland from January 2019 to September 2022, with particular focus on the Covid-19 pandemic. The research problem is to understand how these economic factors have affected the housing market, and the research objective is to analyze the activity of developers, building permits issued, investments started, and housing loans granted. The research methodology involves the analysis of data from various sources, including official statistics and reports from developers and investment funds. The research findings suggest that the decreased demand for housing loans has led to a significant decline in the allocation of new housing. However, the emergence of new major players, such as leading European and global investment funds, could provide opportunities for developers. The study concludes that caution is warranted in starting new construction activity and that the best performance in housing production in the transition period to 2021 is unlikely to be exceeded in the current or subsequent years. The implications of this study are that developers need to consider economic factors and market trends when making decisions about new construction and that investment funds may play an increasingly important role in the housing market.

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Section: Changes In Housing Market In Poland During the Covid-19 Pand...mentioning

confidence: 99%

The housing market in Poland during the Covid-19 pandemic

2023

Archives of Civil Engineering

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“…Compared to the previous literature, research in this field is still insufficient. Existing research mainly focuses on housing problems during the COVID-19 epidemic, which transformed the housing market in a number of ways [21][22][23], and these shifts are often negative [24][25][26]. Some scholars have pointed out that the impact of COVID-19 has increased the systemic financial risk in the housing market [27], and the valuation of the housing market has fallen considerably [28][29][30].…”

Section: Introductionmentioning

confidence: 99%

Transition of Youth’s Housing Issues: A Survey in the Nanjing Metropolitan Coordinating Region, China

Wu,

Zha,

Zhang

et al. 2023

Buildings

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The housing problem of young people is one of the manifestations of the imbalanced and insufficient development of China’s housing market. Solving housing issues for young people and improving their living conditions is of great significance for promoting the sustainable and healthy development of the real estate market. In order to analyze the housing issues of young people in China during the post-pandemic era, this paper investigates young people in the Nanjing Metropolitan Coordinating Region through questionnaires and interviews. The content of the questionnaire survey mainly includes the current housing situation, choice of renting or purchasing a home, expectations of real estate market, and future plans for purchasing a house of young people. The research results indicate that there are problems in the current housing market, such as strong purchasing preferences, imbalanced supply structure in the rental market, limited financial support for purchasing housing, low housing security levels, and small coverage of the housing provident fund. In order to solve the housing problems of young people, government departments should actively promote the formation of a multi-level housing supply structure, accelerate the promotion of the same rights for renting and purchasing, establish a standardized housing rental market, optimize the housing security policy for young people, and expand the coverage of the housing provident fund. The findings of this study have significant policy implications for easing the housing pressure on young people and building a youth-development-oriented city.

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The COVID-19 pandemic and house price convergence in Poland

Tomal

2023

J Hous and the Built Environ

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The effect of the COVID-19 pandemic on price convergence in the housing market is largely unknown. This paper aims to assess the impact of the pandemic on the convergence of sales and rental housing prices. The residential markets in Polish voivodeship capitals were chosen as a case study. The convergence evaluation was based on a local linear version of the log t regression test, which allowed the estimation of a time-varying convergence speed parameter. The causal effect of the pandemic on convergence was examined using a Bayesian structural time series model. The study results revealed that the pandemic led to divergence in the primary sales housing market, growth convergence in the secondary sales housing market, and a weakening growth convergence in the rental housing market. Finally, this paper provides the R function logt that enables running the local linear and dummy variable log t regression tests.

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The impact of the COVID-19 pandemic on the residential real estate market on the example of Szczecin, Poland

Cited by 10 publications

References 20 publications

The housing market in Poland during the Covid-19 pandemic

The housing market in Poland during the Covid-19 pandemic

Transition of Youth’s Housing Issues: A Survey in the Nanjing Metropolitan Coordinating Region, China

The COVID-19 pandemic and house price convergence in Poland

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