The impact of EU accession on central European property markets: some lessons from the past

Darren Battle and Ben Sanderson

ERES from European Real Estate Society (ERES)

Abstract: This paper considers the implications of joining the EU and subsequently joining EMU for the commercial property markets of central Europe. Using previously unexploited European property data the impact of EU accession and both the run-up to EMU and the first two years of the single currency are considered for property markets on the periphery of the geographical core of Europe with similar characteristics to those of central Europe. This approach allows an attempt to consider the implications of EU and EMU entry for those developing property markets that have the aim of joining the EU and the euro-zone over the medium term.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2001-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2001_115

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