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2013 | 33 | 31-54
Article title

To Rent or to Buy – Analysis of Housing Tenure Choice Determined by Housing Policy

Content
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Languages of publication
EN
Abstracts
EN
The article discusses the relatively large share of owner-occupied housing in the housing stock in selected European countries with relatively low per capita income and describes the underlying causes of this phenomenon. We also identify the economic implications of the growing number of owner-occupied housing and poorly developed rental market. The paper analyses home purchase or rental decisions and explains the correlations between housing availability, consumption and households’ savings, as well as housing policy and investigates this question empirically. The way in which the development of the rental market can improve the situation in the property market is presented on the basis of a simple model.
Contributors
  • Economic Institute, National Bank of Poland
author
  • Warsaw School of Economics and Economic Institute, National Bank of Poland
  • Economic Institute, National Bank of Poland
  • Economic Institute, National Bank of Poland
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-cd6b0d38-eca9-4225-90f3-73136cc6af7c
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