Development Conditions of Polish Housing Market During Economic Crisis

Farmers' pensions and the Polish economic crisis.

The Polish Government, in 1977, inaugurated a new pension program that made old-age and invalidity benefits available for the first time to most farmers in that country. The evolution and eventual failure of that program were closely intertwined with a growing national economic crisis, manifested in widespread popular unrest and culminating in emergence of the Solidarity movement. The farmers' ...

Delft University of Technology The role of government and financial institutions during a housing market crisis

Financial Markets during Economic Crisis

Contemporary financial depression of the financial markets proves high fluctuations of the prices of the stocks. These fluctuations have considerable impact on the values of the financial portfolios. Classical approaches to modeling of the behavior of the prices of the stocks may produce wrong predictions of their future values. That is the reason why we introduce in this paper the fractal mark...

Economic impacts of the housing market: a panel data approach

Usually housing is viewed in the context of consumption resulting from other economic drivers such as income and employment. Here, we study how two key local economic measures, the gross metropolitan product (GMP) and unemployment rate, respond to shocks in home value appreciation, home sales, and new construction, respectively. Our analysis relies upon a large panel of 158 metropolitan statist...

The Impact of Housing Market Conditions on Residential Property Upkeep

This paper assesses the impact of housing market conditions on the theoretically motivated and empirically observed negative relationship between loan to value ratios and home maintenance expenditures. If the relationship is causal, then a down housing market will result in significantly decreased upkeep in the housing stock. The large rise and fall in home prices during the 2001-2009 period al...