IDEAS home Printed from https://ideas.repec.org/p/svk/wpaper/1142.html

Survey on housing affordability and attitudestowards real estate investment

Author

Listed:
  • Andrej Cupak

    (National Bank of Slovakia)

  • Pavel Gertler

    (National Bank of Slovakia)

  • Judita Jurasekova Kucserova

    (National Bank of Slovakia)

  • Jan Klacso

    (National Bank of Slovakia)

  • Andrej Moravcik

    (National Bank of Slovakia)

  • Denys Orlov

    (National Bank of Slovakia)

  • Stefan Rychtarik

    (National Bank of Slovakia)

Abstract

The Slovak housing market is strongly ownership-oriented, with renting functioning largely as a transitional state, concentrated among younger and lower-income individuals. This report draws on the 2025 Survey on housing affordability and attitudes towards real estate investment to examine what drives tenure decisions and how individuals perceive affordability. Homeowners reach ownership through three broadly equal routes: (i) outright purchase, (ii) mortgage financing, and (iii) inheritance or gifts. Housing satisfaction is consistently higher among owners, while affordability is perceived as the lowest in large cities and for larger households. Survey evidence from an advisory choice experiment confirms that support for ownership is strong but highly sensitive to financing conditions. The findings highlight that housing affordability is shaped not only by market prices but also by credit access, expectations, life-cycle stage, and household characteristics.

Suggested Citation

  • Andrej Cupak & Pavel Gertler & Judita Jurasekova Kucserova & Jan Klacso & Andrej Moravcik & Denys Orlov & Stefan Rychtarik, 2026. "Survey on housing affordability and attitudestowards real estate investment," Working and Discussion Papers OP 2/2026, Research Department, National Bank of Slovakia.
    • Handle: RePEc:svk:wpaper:1142
    as

    Download full text from publisher

    File URL: https://nbs.sk/dokument/aafc8727-35e3-4bb7-ba32-a9e5dddff61d/stiahnut/?force=false
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • 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
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth

    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:svk:wpaper:1142. 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nbsgvsk.html .

    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.