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The Influence Of National Economic Development On The Real Estate Market Of Latvia

Author

Listed:
  • DIDZIS ADMIDIhS

    (Riga Technical University, Latvia)

  • JANIS ZVANITAJS

    (Riga Technical University, Latvia)

Abstract

This article reviews the real estate market development dynamics over the last decade in Latvia. The article describes the influence of various economic factors on the real estate market. These factors are gross domestic product, unemployment, crediting amount, retail sales turnover, and others. The article provides insight into the most critical development periods of economy and property market in Latvia and explains their regularities.

Suggested Citation

  • DIDZIS ADMIDIhS & JANIS ZVANITAJS, 2009. "The Influence Of National Economic Development On The Real Estate Market Of Latvia," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 3(3), pages 52-54.
    • Handle: RePEc:pdc:jrpieb:v:3:y:2009:i:3:p:52-54
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    More about this item

    Keywords

    Real estate market; economic development; economy of Latvia.;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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