Real Estate Market Perceptions, Housing and Investment Plans of Students and Graduates

Abstract

The purpose of this study is to identify the knowledge of the real estate market by students and graduates and to find out their housing and investment plans. A literature study relating to the real estate market was conducted. The diagnostic survey method was used to determine the housing and investment plans of students and graduates, their expectations regarding changes in housing policy, and their level of knowledge of basic concepts and relationships related to the real estate market. The survey was conducted in March 2022 among students and graduates of Wroclaw University of Economics and Business. The great majority of the respondents consider the housing policy in Poland to need changes, mainly in the direction of greater support for young people, lowering the costs of mortgage loans and reducing the formalities associated with the construction of real estate. Moreover, research indicates that less than half of young people are able to fully support themselves during or shortly after graduation. Only one in four respondents had a disposable income of more than PLN 2,000. Many students and graduates plan to purchase real estate in the future, and nearly 60% of respondents intend to finance the purchase with a mortgage.