Housing Market in Central European City during the COVID-19 Pandemic

Q2 Social Sciences

Critical Housing Analysis Pub Date : 2023-06-01 DOI:10.13060/23362839.2023.10.1.551

J. Kazak, Natalia Kłysz, J. Kamińska

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引用次数: 0

Abstract

Many aspects of the global economy changed during the Covid-19 pandemic, including the real estate market. This study examines the primary residential property market in Opole during the Covid-19 pandemic. It uses property transaction data from 2018 to 2021 to conduct statistical analyses and independent group tests and also takes into account the real-estate price trend from 2014 to 2020. The study finds that both property prices and preferences relating to the structure and location of housing changed during the pandemic. In the case of Opole, the number of transactions involving residential units in the primary market increased in 2020 compared to previous years. After adjusting the unit price value of residential properties for the trend in the pre-pandemic period, the study finds that there was also an increase in property transaction prices. The study confirms three important facts relating to phenomena that are occurring globally in cities today. First, local communities are more diverse in terms of the economic heterogeneity of real estate buyers. Second, unlike big urban areas, small cities may be more resistant to the process of citizens migrating to suburban areas, thereby limiting the negative phenomenon of urban sprawl. Third, the housing real estate market in small cities is considered a reliable form of investment of assets, as real estate prices increased during the Covid-19 pandemic.

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新冠肺炎大流行期间中欧城市的住房市场

在新冠疫情期间，全球经济的许多方面都发生了变化，包括房地产市场。本研究调查了2019冠状病毒病大流行期间奥波尔的主要住宅房地产市场。它使用2018年至2021年的房地产交易数据进行统计分析和独立群体测试，并考虑了2014年至2020年的房地产价格趋势。研究发现，在疫情期间，房地产价格以及与住房结构和位置相关的偏好都发生了变化。就欧波莱而言，与前几年相比，2020年一级市场涉及住宅单位的交易数量有所增加。根据疫情前的趋势调整住宅物业单价后，研究发现房地产交易价格也有所上涨。该研究证实了与当今全球城市中发生的现象有关的三个重要事实。首先，就房地产买家的经济异质性而言，当地社区更加多样化。其次，与大城市地区不同，小城市可能更能抵制市民向郊区迁移的过程，从而限制城市蔓延的负面现象。第三，由于新冠肺炎疫情期间房地产价格上涨，小城市住房房地产市场被认为是一种可靠的资产投资形式。

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来源期刊

Critical Housing Analysis Social Sciences-Sociology and Political Science

CiteScore

2.70

自引率

0.00%

发文量

期刊介绍： Critical Housing Analysis is a peer-reviewed academic journal focusing on critical and innovative housing research. The journal was launched in January 2014 and publishes two online issues annually. Critical Housing Analysis is published by the Institute of Sociology of the Czech Academy of Sciences. Critical Housing Analysis aims to provide on-line discussion space for researchers who come up with innovative, critical and challenging ideas and approaches in housing-related research. The unique function of this journal is to facilitate rapid feedback on critical and innovative ideas and methods developed by housing researchers around the world. We are especially keen to publish papers that provide: 1.Innovations in methods, theories and practices used in housing-related research. We especially welcome papers applying original research strategies (such as, mixed and interdisciplinary methods) and international comparisons with a strong sense for contextual and institutional differences. Papers should provide new and fresh research perspectives allowing a deeper understanding of housing markets, policies and systems. Innovations need to be justified but they could be “work in progress”, i.e. their findings may not yet have been fully verified. 2.Critiques of assumptions, methods and theories used in housing-related research. Such critical evaluations must be well-founded (empirically or by consistently logical argument) and convincing. However, there is no particular need to provide a solution to the problems that have been identified. 3.Critiques of applied housing practices and policies in particular cultural and institutional contexts, especially for those countries that are less represented in mainstream housing policy discourse. The critical assessment of policies must be analytical, should propose new perspectives and lead to wider policy implications.