An analysis of the primary and secondary housing market in Poland: evidence from the 17 largest cities

We analyse the determinants of prices of flats that are bought on the primary (new construction) and secondary markets (existing stock) in the 17 largest cities in Poland during the 2002–2015 period. We find that prices are driven by economic fundamentals, such as income growth and drop in the unemp...

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Bibliographic Details
Main Authors: Robert Leszczyński, Krzysztof Olszewski
Format: Article
Language:English
Published: Taylor & Francis Group 2017-07-01
Series:Baltic Journal of Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/1406099X.2017.1344482