Adjusting Housing Policies in Slovakia in Light of Euro Adoption

Felix Hüfneri iOECD

Organisation for Economic Co-operation and Development

关键词: housing policies;    house prices;    Slovak Republic;    rental market;   

DOI  :  https://doi.org/10.1787/226173687724

学科分类：社会科学、人文和艺术（综合）

来源: OECD iLibrary

【 摘 要 】

House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market. As euro membership will most likely go along with easier financial conditions and also entails limited availability of national policy tools, current housing policies will have to be adjusted. The challenges are to avoid overheating of the housing market in the medium term, in part by making supply more reactive to demand, and to phase out the hurdles that are currently impeding the private rental market, which would facilitate labour mobility. This Working Paper relates to the 2009 OECD Economic Survey of the Slovak Republic.