State and Determinants of Real Estate Market Development in Central and Eastern European Countries on the Example of Poland and Bulgaria

Rącka, Izabela; Palicki, Sławomir; Kostov, Ivo

doi:10.1515/remav-2015-0017

Cited by 10 publications

(10 citation statements)

References 9 publications

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“…It can probably be argued that the persistence of deprivation factors accompany, for example, the persistence of high social inequality rates. They accompanied the surge in property costs, the most dynamic being that in the period preceding the 2008 crisis (Rącka et al, 2015). On the other hand, the weakness of supply perceptible in the dynamics of the real estate market (in conjunction with the state's assistance withdrawal) persistently leads to very high rates of buying and renting real estate regardless of their quality (Rącka et al, 2015).…”

Section: Summary and Discussionmentioning

confidence: 99%

“…They accompanied the surge in property costs, the most dynamic being that in the period preceding the 2008 crisis (Rącka et al, 2015). On the other hand, the weakness of supply perceptible in the dynamics of the real estate market (in conjunction with the state's assistance withdrawal) persistently leads to very high rates of buying and renting real estate regardless of their quality (Rącka et al, 2015). The ineffectiveness of the transformation process of the capitalist city can also be probably analysed, where, after a proper lifting, the attributes of socialist modernism can retain their market attractiveness (which can be seen when living in blocks of flats is compared with living in other forms of residence).…”

Section: Summary and Discussionmentioning

confidence: 99%

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The late modernist community in the late socialistic block of flats: the issue of urban neighbourhood vitality in Poland

Nowak

Siatkowski²

2021

J Hous and the Built Environ

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The question of the big-city neighbourhood seems important due to the discussion on the condition of modern cities. The issue is centred on the problems of sustainable development and designing social relations. The problem of the neighbourhood in relation to various forms of residence triggers a discussion rooted in the classic issues of sociology as a discipline. In the proposed article, the researchers address the problem of the late socialistic block of flats, attempting to diagnose the condition of the modern urban community in the developmental context of Central Europe, based on the neoclassic concept of ‘spatially determined social circle’. The text introduces the issues of ‘socialist modernism’ using the available Central European literature. In the research part, the data obtained from an online survey on the subject conducted in 2019 in three Polish cities and from a nationwide online survey on the same subject are statistically analysed. The linear regression analysis suggested the relative vitality of the block form of residence, whose sources are both economic and social. The problem of traditional forms of accommodation and urban neighbourhoods has become a hotly debated political issue that triggers a scientific reflection on the phenomena of integration and disintegration in cities. In this context, the issue of the vitality of the forms of housing seems important not only for diagnosis purposes but also for predictions for the forthcoming decades. The case to be analysed herein is that of the late socialistic block of flats (LSBF) in Central and Eastern European countries, which for some is an anachronistic form of residence whereas for others is a partial solution to the insufficient market dynamics intended to meet people’s housing needs. In this context, we ask four questions based on a hypothesis regarding LSBF urban neighbourhood vitality in Poland. The first question is a partly theoretical question based on the conceptualisation of social circles: To what extent does living in an LSBF modify one’s sense of belonging to a social circle? The second question concerns the empirical findings regarding the LSBF neighbourhood: What is the neighbourhood assessment related to declared residence in an LSBF? The third question concerns more specific subjects related to the LSBF neighbourhood: To what extent does living in an LSBF affect the declared depth of neighbourly relations? The fourth and last question relates to the notion of vitality of the LSBF neighbourhood: Does the length of residence in an LSBF impact the interactions between the neighbours therein? The questions concerning the present-day LSBF cannot be answered without historical references to the concept of the city of socialist modernism. It is only from the genetic perspective dating back to several decades that we can understand the dynamics of the process, which has been marked by a few fundamental tribulations.

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Section: Summary and Discussionmentioning

confidence: 99%

Section: Summary and Discussionmentioning

confidence: 99%

The late modernist community in the late socialistic block of flats: the issue of urban neighbourhood vitality in Poland

Nowak

Siatkowski²

2021

J Hous and the Built Environ

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“…The locality of housing markets is noticeable especially in the CEE Europe countries, where private ownership is the dominant form of housing ownership, and thus the mobility of the population is limited (Rącka, Palicki, and Kostov, 2015;Widłak and Łaszek, 2016). Home ownership is highly favored over rental in most countries, and Western governments are making long efforts to increase the homeowner rate (Chen, 2013).…”

Section: Introductionmentioning

confidence: 99%

“…Following our literature review of various housing market factors that affect the final price of a property (Liu et al, 2020;Bernstein and Mellon, 2013;Nappi-Choulet and Maury, 2011;Sun and Tsang, 2018;Wilson et al, 2011;Abelairas-Etxebarria and Astorkiza, 2020;Stover, 1986;Łaszek, 2011;Lund, 2014;Ranci, Brandsen, and Sabatinelli, 2014;Rącka, Palicki, and Kostov, 2015;Dziauddin, Ismail, and Othman 2015;Cellmer, Bełej, and Konowalczuk, 2019;Mach and Rącka, 2018;Dziauddin, Ismail, and Othman, 2015;Kazak, Chruściński, and Szewrański, 2018;Batóg et al, 2019;Cellmer and Trojanek, 2020;Kempa et al, 2015;Mora-Garcia et al, 2019;Isaac, 2002), the study author has proposed a classification, based on seven separate groups of factors as follows (Table 1). Defining sustainable city development is difficult and consequently many definitions for it exist.…”

Section: Introductionmentioning

confidence: 99%

Drivers of Subregional Housing Markets in Poland

Rącka¹

2021

ERSJ

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Purpose:The paper investigates how sustainable city development factors impact housing price levels in subregional cities, on basis of 14 thousand real transactions in three Polish cities in the years 2006-2014. Design/Methodology/Approach: The multiple regression analysis with hedonic approach was used. Findings: The three-equation model has proven that economic development factors affect housing price levels in subregional cities while social progress and environmental responsibility do not always explain the change in the housing prices. Additionally the analysis of data allowed to conclude that the smaller the local market is, the more it is responsive to changes in external conditions. Practical implications: The housing market in subregional cities is different to big cities, prices change slower and do not respond to changes in the macro-environment factors as quickly and strongly as in large cities. Moreover, the situation on the local housing markets depends largely on the scale of sustainable development of the city. The study outcomes can be readily used to help more accurately plan housing investments for real estate developers or planning authorities responsible for housing policy. Originality/ value:We indicated what types of sustainable development factors affect the level of housing prices in subregional cities.

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“…Profitable farming is not just a matter of proper soil conditions, climate and water management (PRUS, SALATA, 2014), but also of the rational management of land resources (RĄCKA et al, 2015), including their protection (SKINNER et al, 2001), (BRABEC, SMITH, 2002). The effective management of agricultural land should be based on solid legal foundations (BIEDA et al, 2014).…”

Section: Introduction -Agricultural Land and The State Of Agriculturementioning

confidence: 99%

Analysis of the Legal Methods of Agricultural Land Protection in Central Europe On the Example of Poland and Bulgaria

Pawlikowska

Popek

Bieda

et al. 2017

Real Estate Management and Valuation

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1For the management of agricultural real properties to be effective, it is required that information about the natural conditions and the existing infrastructure supporting agricultural production, as well as knowledge of the regional traditions, be provided. The management itself should also be based on sound legislation. Due to the fact that agricultural real properties are subject to special legal protection, this article aimed to analyze and assess the methods of managing agricultural real property in the new EU member states on the example of Poland and Bulgaria. This objective was implemented by presenting the structure of agricultural land and the state of agriculture, describing the agrarian reforms, determining the current role of spatial planning and the binding regulations in the management of agricultural land resources, as well as a description of the current surveying procedures. Basing on the outlined comparative characteristics, SWOT/TOWS analysis was performed.The result of this comparative study is the highlighting of the problems and recommendations for the management of agricultural properties in Poland and Bulgaria.

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State and Determinants of Real Estate Market Development in Central and Eastern European Countries on the Example of Poland and Bulgaria

Cited by 10 publications

References 9 publications

The late modernist community in the late socialistic block of flats: the issue of urban neighbourhood vitality in Poland

The late modernist community in the late socialistic block of flats: the issue of urban neighbourhood vitality in Poland

Drivers of Subregional Housing Markets in Poland

Analysis of the Legal Methods of Agricultural Land Protection in Central Europe On the Example of Poland and Bulgaria

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