| Title: | Cycles of the housing market in Hungary form the economic crisis until today |
|---|
| Authors: | ID Harnos, László (Author) |
|---|
| Files: |  Nase_gospodarstvoOur_economy_2018_Harnos_Cycles_of_the_Housing_Market_in_Hungary_from_the_Economic_Crisis_until_Today.pdf (292,19 KB)
MD5: 148D9528A479178A5280D8E970922D49
PID: 20.500.12556/dkum/56ea8029-0bc1-4091-89c9-cf57250feec5
 http://content.sciendo.com/view/journals/ngoe/64/2/article-p3.xml
|
|---|
| Language: | English |
|---|
| Work type: | Scientific work |
|---|
| Typology: | 1.01 - Original Scientific Article |
|---|
| Organization: | EPF - Faculty of Business and Economics
|
|---|
| Abstract: | The main aim of this paper is to identify the underlying reasons for the cyclical nature of the Hungarian housing market, in particular the business cycles, the construction, and market participants’ expectations. Our research was conducted based on analysis of statistical data and of the housing market indices. As a result, it can be stated that cyclic behaviour of the housing market may be explained primarily with business cycles, but state subsidies and mortgages also affect the variations. Accordingly, the increasing lending and the high amount of subsidies can generate a price bubble. The supply of second-hand dwellings looks more flexible compared with that of new ones. However, the expectations of market operators do not have a demonstrable effect on the housing market. |
|---|
| Keywords: | property market, housing market cycles, asset price bubble |
|---|
| Publication status: | Published |
|---|
| Publication version: | Version of Record |
|---|
| Year of publishing: | 2018 |
|---|
| Number of pages: | str. 3-14 |
|---|
| Numbering: | Letn. 64, št. 2 |
|---|
| PID: | 20.500.12556/DKUM-72592  |
|---|
| ISSN: | 0547-3101 |
|---|
| UDC: | 332.72:338.12(439) |
|---|
| ISSN on article: | 0547-3101 |
|---|
| COBISS.SI-ID: | 13061148 |
|---|
| DOI: | 10.2478/ngoe-2018-0007 |
|---|
| NUK URN: | URN:SI:UM:DK:FSUCS9UT |
|---|
| Publication date in DKUM: | 10.10.2018 |
|---|
| Views: | 1600 |
|---|
| Downloads: | 140 |
|---|
| Metadata: |    |
|---|
| Categories: | Misc.
|
|---|
|
:
|
Copy citation |
|---|
| | | | Average score: | (0 votes) |
|---|
| Your score: | Voting is allowed only for logged in users. |
|---|
| Share: |  |
|---|
Hover the mouse pointer over a document title to show the abstract or click
on the title to get all document metadata. |
