Financial Affordability of Housing in the Czech Republic (1991-2009) with Focus on Social Inequalities Cover Image

Financial Affordability of Housing in the Czech Republic (1991-2009) with Focus on Social Inequalities
Financial Affordability of Housing in the Czech Republic (1991-2009) with Focus on Social Inequalities

Author(s): Petr Sunega, Tomáš Katrňák, Tomáš Dvořák
Subject(s): Transformation Period (1990 - 2010), Financial Markets, Socio-Economic Research
Published by: Masarykova univerzita
Keywords: Financial affordability of housing; social inequalities; rental housing sector; housing finance;
Summary/Abstract: The aim is to analyze the issue of financial affordability of housing in the Czech Republic. First, focus will be the development in financial affordability of rental housing from 1991 to 2009. The analysis focuses not only on general trends in household expenditures, but also on housing expenditures of various social groups. When analyzing the burden of housing expenditures of different social groups, we claim it is essential to adopt a differentiated approach and reflect that different social groups may in different ways react to increasing housing expenditures. The key question is whether there has been (and to what extent) a shift in financial affordability of housing among different household types.