IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9781848165106_0022.html
   My bibliography  Save this book chapter

Family Indebtedness In The Czech Republic And New Eu Member Countries

In: Marketing And Management Sciences

Author

Listed:
  • LUBOŠ SMRČKA

    (Faculty of Business Administration, University of Economics, nám. W. Churchilla 4, Praha 3, 130 67, Czech Republic)

Abstract

The author outlines the situation on the Czech mortgage market in relation to the specific historic conditions in the new EU economies. Although the reasons for taking on loans are mostly sound, the continuous growth in indebtedness of Czech households poses a risk, since Czech families are not used to the swings in the real estate market, unlike traditional Western economies. The author also describes the current practice of Czech lending institutions and one specific feature of the Czech real estate sector: the difference between market and regulated rents. Deregulation of rents, which is currently under way in the Czech Republic, will cause effects so far unknown to the detail but rather predictable from a global point of view.

Suggested Citation

  • Luboš Smrčka, 2010. "Family Indebtedness In The Czech Republic And New Eu Member Countries," World Scientific Book Chapters, in: Damianos P Sakas & Nikolaos Konstantopoulos (ed.), Marketing And Management Sciences, chapter 22, pages 116-121, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9781848165106_0022
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9781848165106_0022
    Download Restriction: Ebook Access is available upon purchase.

    File URL: https://www.worldscientific.com/doi/abs/10.1142/9781848165106_0022
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Management; Organizational Behavior; Marketing; Negotiation; Dynamic Models; International Business; Strategic Business; Human Resource;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9781848165106_0022. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.