Open AccessFINANCIAL UNAVAILABILITY OF HOUSING IN THE CZECH REPUBLIC AND RECOMMENDATIONS FOR ITS SOLUTION
Author(s) -
Eduard Hromada,
Eduard Hromada
Publication year - 2021
Publication title -
international journal of economic sciences
Language(s) - English
Resource type - Journals
ISSN - 1804-9796
DOI - 10.52950/es.2021.10.2.003
Subject(s) - unavailability , czech , business , state (computer science) , finance , phenomenon , covid-19 , economic policy , economic growth , economics , development economics , engineering , computer science , linguistics , philosophy , reliability engineering , medicine , physics , disease , algorithm , quantum mechanics , pathology , infectious disease (medical specialty)
The paper deals with the issue of unavailability housing in the Czech Republic, which affects an increasing number of people. As a result of the covid-19 pandemic, there has been a significant increase in property prices and widening the price to income gap, which mainly affects young people. This paper describes the basic causes of this undesirable phenomenon in society and provides recommendations that should be quickly adopted by the state and municipalities to improve the situation as we see a risk of an increase in social tension in society and a deterioration in the availability of employment for low-income professions.