Tsharakyan, Ashot; Janíčko, Martin - In: Prague Economic Papers 2010 (2010) 4, pp. 359-382
The paper deals with some relevant effects of appreciation of housing prices on social and aggregate welfare. As it has been found difficult to assess the current situation given the housing market being the most affected by the crisis, earlier data from 1995 to 2006 have been used. It...
