Factors affecting rental use in the lower Silesia province during the pandemic period
Factors affecting rental use in the lower Silesia province during the pandemic period

Summary/Abstract: The article focuses on the analysis and evaluation of changes in tenant behavior and expectations, in the rental market during constraints on the operation of, among others, institutions, businesses, and schools, during the pandemic. The behavior of young people, who, by definition, base their housing needs more heavily on rent, was analyzed. The purpose of the article is to analyze the factors that affect the use of rent by young people in the Lower Silesian province during the pandemic. The fact that the pandemic has changed social expectations, including in the rental market, seems obvious. This research paper attempted to answer in what direction these changes have gone. In the process of designing the study, research hypotheses were formulated. Based on statistical analysis, it was assumed that the key factor that affects long-term rent use is lack of creditworthiness. A change in personal circumstances (for example: relationship breakup) affects long-term rental use. The analysis confirmed that there is a correlation between the number of rooms rented and the risk factors of renting. The longer people rented during the pandemic, the less often they were interested in the opportunity offered by the landlord to terminate the contract early, and the longer individuals rented prior to transitioning to remote study or work the more often they did not give up their rent. The analysis of research in this area provides valuable information for both investors in the residential rental market and developers of residential projects shaping their sales offerings.

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