The paper presents the main findings from a detailed analysis of the interrelations between selected agents in the supply side of the housing market in Prague. It discusses the sources of potential market inefficiencies emerging from the nature of interrelations between developers, construction firms, and the producers of building materials in transition economy. The results highlight the barriers which prevent housing supply to react effectively to changes in housing demand.
Lux, Martin, Petr Sunega
Interrelations between housing supply agents: the metropolitan housing market in Prague
Lux, Martin, Petr Sunega. 2010. „Interrelations between housing supply agents: the metropolitan housing market in Prague.“ Post-Communist Economies 22 (1): 99-117. ISSN 1463-1377.