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144 Publications
Pragmatic Socioeconomics: A Way Towards New Findings on Sources of (Housing) Market Instability
In this paper, we aim to define basic principles of pragmatic socioeconomics that may create a more solid interdisciplinary bridge between sociology and mainstream economics in the study of economic behaviour. The merit of this new concept demonstrates itself in the results of our research on the impact of social norms on home-buying behaviour and the consequences that such behaviour has for the operation of the housing market and housing price trends. That research demonstrates that interdisciplinary economic…
Topics: Housing
Housing wealth inequality, intergenerational transfers and young households in the super-homeownership system
This article focuses on the problem of housing wealth inequality as an increasingly important dimension of social inequality in post-socialist super-home-ownership countries and uses the Czech Republic as a case study. The article shows that housing wealth inequality is higher than income inequality and that it tends to grow in time, especially due to the spatially uneven appreciation of house prices. However, intergenerational housing-related within-family resource transfers have a mitigating effect on growin…
Mortgage debt versus intergenerational transfers: implications for welfare attitudes in the Czech Republic
There has been a noticeable delay in the emergence of a sociology of debt, and of mortgage debt in particular. This paper seeks to fill this gap by testing whether and how the form of home financing influences welfare attitudes regarding the role of the state in housing provision and, consequently, the type of housing (welfare) policy. Specifically, we hypothesise that there are significant differences in attitudes toward the role of the state/municipalities in housing provision between homeowners who financed…
Intergenerational financial transfers and indirect reciprocity: determinants of the reproduction of homeownership in the post-socialist Czech Republic.
Using a representative survey of the Czech population, we demonstrate that intergenerational within-family financial (wealth) transfers represent the main mechanism in the reproduction of homeownership in Czech post-socialist society. The provision of a transfer or the lack of one largely determines the housing tenure of Czech young adults. Without transfers, the children of homeowners are significantly less likely to also become homeowners. We also show that the probability of an adult child receiving a trans…
Bridging Economics and Sociology: Responses to a Critique of Pragmatic Socioeconomics.
In our Focus article we introduced pragmatic socioeconomics, a methodological and theoretical approach that we believe may create a more solid interdisciplinary bridge between sociology and mainstream economics. This paper reacts on the critical review of our approach by six academics recognised in the field. We devoted the most space to those comments that uncovered the blank spots in our approach or areas that we had poorly addressed. We better defined the position of pragmatic socioeconomic towards 'grand n…
Komparace kupních a odhadních cen bytů v ČR za rok 2019
Význam správného stanovení odhadních cen je akcentován v české i zahraniční literatuře. Provedli jsme porovnání kupních cen (cenových údajů Českého úřadu zeměměřičského a katastrálního) a odhadních cen (České spořitelny, a.s.) bytů. Párování bytů bylo provedeno primárně na základně geografické polohy (s využitím GPS souřadnic), dále podle plochy bytu, typu konstrukce a data zplatnění záznamu, resp. provedení odhadu. Výsledkem je zjištění, že u 60 % bytů b…
Why so moderate? Understanding millennials’ views on the urban housing affordability crisis in the post-socialist context of the Czech Republic.
The housing affordability crisis is one of the most pressing issues in urban centres around the globe, affecting especially young adults. Some theorists have in response begun calling for the provision of more public housing or less housing financialisation (free market). The goal of our article is to demonstrate the housing attitudes of Czech millennials towards state interventions that are designed to address the decline in housing affordability, using a quantitative attitude survey and a series of qualitati…
Topics: Housing
The Impact of Within-family Housing Assistance on the Certainty of Young People’s (Housing) Aspirations in the Czech Republic.
The article presents the results of research on the factors that determine how certain Czech millennials are about their housing and some other life aspirations. We did not primarily look at the content of life aspirations and instead, we examined how certain, confident and concrete young people are about their plans. Using qualitative interviews and an attitude survey we found that intergenerational housing-related within-family resource transfers had a significant impact on how certain young Czechs are about…
Families and the Reproduction of Homeownership in a Post-socialist Context
Post-socialist countries introduced significant reforms in their housing systems and these included property restitution, privatisation, and housing subsidy cuts. Housing privatisation served as the main catalyst for the sharp increase in the outright homeownership rate that became a characteristic feature of post-socialist countries. The retreat of the state was not offset by the development of the institutions or cultures that fully financialised housing markets require. Debt-free homeownership created a gap…
Topics: Housing, Intergenerational Relations
Dilemmas of housing-asset-based welfare in the post-socialist context: the case of the Czech Republic.
In the Czech Republic, buying housing is regarded as a way of attaining financial security in old age. People are, however, wary about using Housing-Asset-Based Welfare instruments that would allow them to withdraw housing equity. This article explains the contradictions surrounding housing-equity release in the post-socialist context and the barriers and catalyst behind the wider use of two specific instruments – reverse mortgages and reverse schemes. The paper focuses on the generation of Czechs in their f…
Faktory nadhodnocení odhadních cen: analýza rozdílů mezi kupními a odhadními cenami bytů v roce 2019
Obsahem druhé části dvoudílné studie, která je jedním z výstupů projektu „Zvýšení transparentnosti hypotečního trhu v ČR rozšířením datové základny pro sledování a odhad cen nemovitostí“ podpořeného Technologickou agenturou ČR (TAČR) pod číslem TL03000212, je porovnání výše kupních a odhadních cen bytů v roce 2019 a analýza hlavních faktorů vysvětlujících případné rozdíly mezi nimi. Kupní ceny byly získány z evidence Českého úřadu zeměměřičského a …
Topics: Housing, Economy
Datové zdroje pro srovnání kupních a odhadních cen nemovitostí
Obsahem první části dvoudílné studie, která je výstupem z projektu „Zvýšení transparentnosti hypotečního trhu v ČR rozšířením datové základny pro sledování a odhad cen nemovitostí“ podpořeného Technologickou agenturou ČR (TAČR) pod číslem TL03000212, je popis a definice dat o nemovitostech (včetně odhadních cen) sbíraných jedním z hlavních poskytovatelů hypotečních úvěrů v ČR, Českou spořitelnou, a.s., a popis a definice dat o nemovitostech (včetně kupních cen…
Topics: Housing, Economy
Bydlení mladých v době krize
Jednou z řady krizí, které v současnosti čelí – nejen česká – společnost, je i krize bydlení. Ceny bytů a domů, ale i nájmů raketově rostou a bydlení se stává stále hůře dostupným. Možnost pořídit či zajistit si bydlení se přidává k řadě dalších omezení, jež se propisují do již existujících společenských nerovností a dále je prohlubují. Zároveň se nedostupnost bydlení stává palčivým problémem zejména, i když nikoli výhradně pro mladé lidi, kteří s…
Topics: Housing, Intergenerational Relations, Family
Using Path Dependence Theory to Explain Housing Regime Change: The Traps of Super-Homeownership
The goal of this paper is to demonstrate the usefulness of path dependence theory to explain the convergence of housing regimes among post-socialist countries, both at the beginning and in the later phases of housing-regime transformation. We especially seek to show the selected common traps that were recently created by the legacy of giveaway privatisation and the super-homeownership regime, traps that increase intergenerational inequality, which to now has been effectively mitigated by within-family financia…
Topics: Housing
Social housing in the Czech Republic: change of trend?
The goal of this paper is (1) to describe the history and the most recent development of social housing system in the Czech Republic and (2) critically assess earlier and recent attempts to solve missing social housing strategy in this country. In general, the paper intends to contribute to literature on housing policy formulation in countries in transition from planning to market economy and thus provide insight into main factors that may explain unsustainability and weakness of housing strategies in post-soc…
Topics: Housing
Simulating trends in housing wealth inequality in post-socialist Czech society
The goal of this paper is to predict, by using microsimulation modelling under alternative market scenarios, housing wealth inequality in Czech society up to the year 2050. These predictions can be useful for assessing the rationale for attempts to use housing assets as a way of supplementing state pensions and thus add to existing studies on asset-based welfare (ABW) that focused only on the recent and past situation. The models predicted small increase in housing wealth inequality among the future elderly bu…
Topics: Housing
Impact of weak substitution between owning and renting a dwelling on housing market
According to economic theory, an economically rational market agent searching for permanent housing in a particular stage in his/her life cycle should base his/her tenure considerations also by comparing rent to the user costs of homeownership, and among flats with otherwise identical housing services and security will select the cheaper of two alternative tenures. Economic theory perceives rental and owner-occupied housing as ‘communicating vessels’—a change in conditions in one necessarily entails chan…
Topics: Housing
Rovní v příjmech, nerovní v majetku? Nerovnosti ve vlastnickém bydlení v ČR
This article focuses on the problem of wealth inequalities as an as yet overlooked axis of social inequalities in the Czech Republic. Wealth inequalities and their development over time are measured here on the basis of the value of the real estate (a flat or house) in which the household lives. The value of household real estate has grown significantly in recent decades in the Czech Republic and Czechs still favour owner-occupied housing over other forms of housing tenure. Households whose parents were also …
Topics: Housing
Reasoning behind choices: rationality and social norms in the housing market behaviour of first-time buyers in the Czech Republic
We focus on the role of within-family socialisation and the relationship between socialisation and resource transfers in the intergenerational transmission of housing preferences, the formation of familial housing attitudes and thus the reproduction of a normative housing tenure ladder across generations in Czech society. We show that resource transfers and the within-family socialisation of housing preferences, including preferences concerning housing tenure, are closely interconnected. In other words, parent…
Topics: Housing
Housing restitution policies among post-socialist countries: explaining divergence
The purpose of this paper is to explain why post-socialist countries adopted different housing restitution strategies after the change of regimes across the region. Restitution refers here to the process of returning property or compensating for property expropriated by the communist regime to its previous owners or their descendants. This paper provides a brief overview, assessment and categorisation of housing property restitution policies using a sample of 14 post-socialist countries, but it primarily aims …
Topics: Housing
Post-Socialist Housing Systems in Europe: Housing Welfare Regimes by Default?
This article develops a conceptual framework derived from welfare regime and concomitant literatures to interpret housing reform in post-socialist European countries. In it, settled power structures and collective ideologies are necessary prerequisites for the creation of distinctive housing welfare regimes with clear roles for the state, market and households. Although the defining feature of post-socialist housing has been mass-privatisation to create super-homeownership societies, the emphatic retreat of th…
Topics: Housing, Social Policy
Who actually decides? Parental influence on the housing tenure choice of their children
We focus on the role of within-family socialisation and the relationship between socialisation and resource transfers in the intergenerational transmission of housing preferences, the formation of familial housing attitudes and thus the reproduction of a normative housing tenure ladder across generations in Czech society. We show that resource transfers and the within-family socialisation of housing preferences, including preferences concerning housing tenure, are closely interconnected. In other words, parent…
Topics: Housing, Interpersonal Relations
Subjective perception versus objective indicators of overcrowding and housing affordability
This article seeks to evaluate indicators of overcrowding and housing affordability used by Eurostat and to propose alternatives that may better reflect the specific contexts of individual EU states while preserving the possibility of valuable international comparison. The alternatives are assessed on the basis of the distance between the results produced by objective measures and the subjective evaluations of the problem reported by households, using one and the same data source: EU-SILC. The results show tha…
Topics: Housing
Milestones in housing finance in the Czech Republic
The chapter describes and analyses the main trends and milestones in development of market-based housing finance system in the Czech Republic. Special attention is paid to the impact of Global Financial Crisis on housing finance models and to the future prospects of mortgage market.…
Topics: Housing, Economy
Editorship of the book Private rental housing in transition countries: an alternative to owner occupation?
The book presents an overview of private rented housing in selected new EU member states and other transition countries – a topic scarcely researched to date. Part I presents the private rental sector in Western and Northern European countries, the history of private renting under socialism in Central and Eastern Europe, and thematic issues such as property restitution and marginalized groups depending on privately rented housing. Part II provides a series of country case studies. Part III concludes with cha…
Topics: Housing
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