RISK OF DEVELOPER INVESTMENTS ON THE CZĘSTOCHOWA HOUSING – PROPERTY MARKET

Abstract

The aim of the article was to identify the risk accompanying investments carried out on the housing- property market in Częstochowa. The study was conducted using the diagnostic survey method and the questionnaire technique, while the research tool was a questionnaire. Risks with a high probability of occurrence and at the same time with very severe consequences for the implementation of development investments turned out to be the following risks: risk related to the economic situation of the country, force majeure risk, risk of overestimation or underestimation of costs, as well as the risk of an increase in the prices of production factors.