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House Prices and Household Consumption: the case of the Czech Republic
Brůha, Jan ; Hlaváček, Michal ; Komárek, Luboš
In this paper, we investigate whether movements in property prices have detectable effects on Czech households’ consumption and saving decisions. We concentrate on three episodes of movements in house and apartment prices and ask whether property owners have significantly different consumption and saving choices from households living in rented properties. We found that, on average, property owners tend to have a lower propensity to consume and a higher saving rate independently of whether property prices move up or down. This casts doubts on the strength of the collateral channel linking the housing market to the macroeconomy in the Czech Republic.
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The Influence of the Metro Stations on Property Prices in Prague
Wagner, Michal ; Marada, Miroslav (advisor) ; Jaroš, Václav (referee)
The influence of the metro stations on property prices in Prague Abstract The influence of the metro stations or light rail to land is often discussed in many studies. In this work the impal of the Prague metro on property prices is analyzed. Metro in the Czech capital city since its opening in 1974 has become the most important means of transport, public transport in Prague. Annually, over half a billion passengers are transported and is the busiest of all similar systems in Central Europe. With its advantages more than any other mode of transport in Prague influences its surroundings. The present work aims at using GIS analysis to determine the influence of the metro stations on land prices in the vicinity of newly constructed or future metro stations. Klíčová slova: Prague, metro, property prices, North Town, Petřiny
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Mortgage loans and their financing
Kadeřábková, Renata ; Radová, Jarmila (advisor) ; Coufal, Libor (referee)
This thesis deals with the topic of mortgage loans and their financing. The first part of the thesis is devoted to the introduction of the issues and the definition of important concepts. The main part of the thesis is focused on the analysis of the factors that could influence the market for mortgage loans. In total six factors are discussed. The last part of the thesis is devoted to resources that banks use to finance mortgage loans. Here I focused on the issue of mortgage bonds.
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