 “First Home” Program: Functionality or Controversy?Andreea Trimbitas ()
Acta Universitatis Danubius. OEconomica, 2012, issue 8(6), 156-169 Abstract: The aim of this research is to emphasize the echo-s the “First Home” program had into the economic and social Romanian reality. The subject of this paper is an actual one, which deserves to be written and discussed about, especially because there is no fundamental analysis in this direction. In order to collect the necessary information, I realised some useful desk research to gather information from online sources, then, I passed to research in the library, and finally, to case study. The program managed to unblock the credit activity, and helped around 500,000 families to achieve a house of their own. On the other hand, the program did not succeed in the re-launch of the construction sector, nor in creating new jobs, not even in collecting more taxes to the State budget. This study was part of my recent license degree, so it was used in the academic field as a case study. The research is unique because of its originality, and because of the perspective in the dynamic it offers about the “First Home” program. Moreover, it implies a SWOT analysis, in order to come up with solutions so as to make the implementation of the program much more visible in the future. Keywords: mortgage loan; real estate market; social help for people looking for a house (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2012:i:6:p:156-169 Access Statistics for this article More articles in Acta Universitatis Danubius. OEconomica from Danubius University of Galati Contact information at EDIRC. |
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