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Housing Privatization in Transition Countries: Institutional Features and Outcomes

Author

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  • Broulíková Hana M.

    (Department of Health Sciences, Vrije Univeristeit Amsterdam, Amsterdam, Netherlands.)

  • Montag Josef

    (Department of Economics, Faculty of Law, Charles University, Address: nám Currieových 7, 116 40 Praha 1, Czech Republic.)

Abstract

We provide an overview of housing privatization policies and outcomes in transition economies. Our primary aim is to collect and systematize key information concerning the institutional features of housing privatization in individual countries: we identify the initial conditions, the timeframe of housing privatization and its culmination, the extent of housing privatization, who decided about its terms and conditions, who was entitled to privatize the housing, and at what price. Furthermore, using micro-data covering all transition countries, we present new estimates of the extent of housing privatization, its dynamics during the second half of the 2000s, and the resulting housing tenure structure.

Suggested Citation

  • Broulíková Hana M. & Montag Josef, 2020. "Housing Privatization in Transition Countries: Institutional Features and Outcomes," Review of Economic Perspectives, Sciendo, vol. 20(1), pages 51-71, March.
    • Handle: RePEc:vrs:reoecp:v:20:y:2020:i:1:p:51-71:n:3
    DOI: 10.2478/revecp-2020-0003
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    References listed on IDEAS

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    Cited by:

    1. Brzezinski, Michal & Sałach, Katarzyna, 2021. "Factors that account for the wealth inequality differences between post-socialist countries," Economic Modelling, Elsevier, vol. 105(C).
    2. Broulíková, Hana M. & Huber, Peter & Montag, Josef & Sunega, Petr, 2020. "Homeownership, mobility, and unemployment: Evidence from housing privatization," Journal of Housing Economics, Elsevier, vol. 50(C).

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    More about this item

    Keywords

    Housing privatization; homeownership; economic transition; post-communist economies;
    All these keywords.

    JEL classification:

    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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