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BRAUNER, R.
Original Title
Specific factors of the contemporary development of the Czech real estate market
Type
conference paper
Language
English
Original Abstract
The paper deals with the problems of the present development of the Czech real estate market in the conditions of long-term artificial under-valuation of the Czech koruna by the Czech National Bank. Primarily it analyzes the Czech real estate market development during the past 10 years, and investigates specific factors which influenced it in the course of that period. An integral part of the subject is also comparison of the Czech real estate market with other markets in the Czech Republic, mainly the stock and bond markets. Further, dependence of interest rates is analysed. In conclusion the paper predicts a future development based on the reached results, which would occur in case the artificial under-valuation of the Czech koruna continues over the long term.
Keywords
financial system, interest rate, real estate market, central banks, inflation
Authors
Released
1. 9. 2016
Publisher
Masaryk university
Location
Brno
ISBN
978-80-210-8308-0
Book
Proceedings of the 13TH international scientific conference “European Financial Systems 2016”
Pages from
43
Pages to
49
Pages count
7
BibTex
@inproceedings{BUT126556, author="Roman {Brauner}", title="Specific factors of the contemporary development of the Czech real estate market", booktitle="Proceedings of the 13TH international scientific conference “European Financial Systems 2016”", year="2016", pages="43--49", publisher="Masaryk university", address="Brno", isbn="978-80-210-8308-0" }