25 Years of Free Real Estate Market in Poland. A SWOT Analysis

Leszek Kałkowski and Maciej W. Wierzchowski ()
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Leszek Kałkowski: Instytut Rozwoju Miast, Zakład Przestrzennych i Społecznych Aspektów Mieszkalnictwa
Maciej W. Wierzchowski: Instytut Rozwoju Miast, Zakład Przestrzennych i Społecznych Aspektów Mieszkalnictwa

World of Real Estate Journal (Swiat Nieruchomosci), 2016, issue 95, 5-10

Abstract: The aim of this article is a synthetic presentation of the results of the assessment of the current state of the Polish real estate market, achieved after twenty-five years of its functioning in the conditions of market economy. The assessment was based on the SWOT analysis method in which supplementally, for the quantification of individual factors characterising the market, the method of Geneva (indicator method) was used. It was estimated that in 2014 the sum of: • positive characteristics reached a total of 175 points compared to 200 possible (the Polish real estate market does not use approximately 12.5% of the value associated mainly with stimulating demand and the activation of our market for foreign investors); • negative characteristics reached a total of 105 points out of 200 possible (the Polish real estate market is facing the neutralisation of a half of imperfections, resulting mainly from the poor economic condition of households, poor land management in urban areas).

Keywords: economic transformation; changes in real estate market; SWOT evaluation (search for similar items in EconPapers)
JEL-codes: R30 R31 R33 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:kra:journl:y:2016:i:95:p:5-10

DOI: 10.14659/worej.2016.95.01

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