Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308921 
Year of Publication: 
2020
Citation: 
[Journal:] Trends Economics and Management [ISSN:] 2336-6508 [Volume:] 14 [Issue:] 36 [Year:] 2020 [Pages:] 49-58
Publisher: 
Brno University of Technology, Faculty of Business and Management, Brno
Abstract: 
Purpose of the article: With the ever-increasing development of property prices and the disproportionate number of new housing developments, the question is which factors have an impact on this phenomenon from the-out-of-the-box perspective. For the article, the main variables which influence the real estate market were selected by secondary research. These variables were chosen as independent variables. The dependent variable was explicitly created for this research as the Index of the Productive Age (IPA). Methodology/methods: Using statistical and econometric tools allowed us to determine which variables have a statistically significant effect on the development of prices and the whole nature of the real estate market. Scientific aim: The study deals with the effect of the size of the productive population on the real estate market, more precisely on the price of real estate. Findings: Finding that the "fuzzy" variable of age can have a significant influence on the real estate market. As a result, it can be stated that the larger the population of the productive age, the more real estate is being built, but also its prices increase. Conclusions: The sensitivity of IPA changes to selected variables. Also, within rising prices on the real estate market, it is possible to observe an increase in demand for alternative housing. Based on the research, the hypotheses were addressed in the discussion and conclusion.
Subjects: 
real estate
productive age
housing development
mortality
JEL: 
E43
R15
R31
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.