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The Paradox of Rental Possibility. Availability or Affordability from the Tenant’s Perspective

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  • Derkacz Arkadiusz J.

    (Institute of Management and Quality Studies, University of Kalisz, ul. Nowy Świat 4, 62-800 Kalisz, Poland)

Abstract

The research problem addressed concerns regarding the possibility of studying the true rentability of housing. Previous research most often simplifies this phenomenon to availability or affordability. This makes the results reveal only a part of reality that remains covered for the economic, cognitive process. The goal was therefore to create an indicator that would reveal the actual ability to rent housing. The proposed method does not reject the existing knowledge in this area. Based on defining rentability, it remains anchored in the aspect of availability and affordability. What is novel, however, is the approach to the study of housing tenancy capacity, which is to view the phenomenon. We can venture to say that the results of the study confirmed the thesis. The availability of housing and its affordability are not always factors in renting. The most important conclusion may be that the possibility of renting housing is the ability to carry out a rental transaction that will ensure habitation that coincides with human needs, anchored by supply availability and affordability, determined by a broad stream of institutional factors.

Suggested Citation

  • Derkacz Arkadiusz J., 2025. "The Paradox of Rental Possibility. Availability or Affordability from the Tenant’s Perspective," Real Estate Management and Valuation, Sciendo, vol. 33(3), pages 49-59.
    • Handle: RePEc:vrs:remava:v:33:y:2025:i:3:p:49-59:n:1005
    DOI: 10.2478/remav-2025-0025
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    References listed on IDEAS

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    1. Ikenna Stephen Ezennia & Sebnem Onal Hoskara, 2019. "Methodological weaknesses in the measurement approaches and concept of housing affordability used in housing research: A qualitative study," PLOS ONE, Public Library of Science, vol. 14(8), pages 1-27, August.
    2. Edward Glaeser & Joseph Gyourko, 2018. "The Economic Implications of Housing Supply," Journal of Economic Perspectives, American Economic Association, vol. 32(1), pages 3-30, Winter.
    3. Michael Byrne, 2020. "Generation rent and the financialization of housing: a comparative exploration of the growth of the private rental sector in Ireland, the UK and Spain," Housing Studies, Taylor & Francis Journals, vol. 35(4), pages 743-765, April.
    4. Rebecca Schapiro & Kim Blankenship & Alana Rosenberg & Danya Keene, 2022. "The Effects of Rental Assistance on Housing Stability, Quality, Autonomy, and Affordability," Housing Policy Debate, Taylor & Francis Journals, vol. 32(3), pages 456-472, May.
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    Keywords

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    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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