Supply Shortage: Clear Driver for Sustainability |
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Summary Over the last decade, many countries in the CEE region have been experiencing a significant increase in house prices, raising concern about possible risk of overvaluation. Understanding the fundamentals behind the CEE regional real estate market has therefore become a priority. The privatisation process had one clear effect on house prices throughout the region. Dwellings were sold to tenants at low, non-market clearing prices, leading to strong misalignments with fundamentals. As a
Filed under: Fundamental
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