By José Luis Suárez (auth.)
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Extra info for European Real Estate Markets
Outside the EU, house completions dropped in the last decade in Ukraine, Turkey and Croatia. 11 33 Housing starts, selected European countries, 2006 and 2007 (units) Country Comparable term Denmark Spain Sweden Croatia Portugal Belgium Netherlands Switzerland Norway France Finland Poland Jan–Sep Jan–Nov Jan–Sep Jan–Sep Jan–Sep Jan–Aug Jan–Nov Jan–Sep full year full year Jan–Sep full year 2006 2007 Change (%) 12,895 810,000 25,900 4,981 22,620 37,129 86,578 19,625 32,743 433,940 27,381 115,353 7,765 618,000 20,100 3,961 19,327 32,318 76,835 18,917 32,287 435,365 30,114 133,826 −40 −24 −22 −20 −15 −13 −11 −4 −1 0 10 16 Source: Thomson DataStream (accessed June 2008).
14 shows that the rate of price variation fell in all European countries. The largest decreases in price growth rates in Central and Eastern Europe occurred in Lithuania and Latvia; and in Western Europe, in Denmark and the Republic of Ireland, where it has become negative – that is, prices have fallen. 12 because of the different sources. However, it is significant that price growth is consistently less in 2007 for all European countries. com (accessed 11 January 2008). The United States is undergoing a dramatic adjustment of supply.
Com (accessed 28 December 2007). Housing policies in Europe Housing policies in Europe were not consistent before 1945. , 2005). While housing policies usually pursue a common goal – to help citizens gain access to a decent home – they encompass a very broad range of actions. A division can be made between those policies implemented directly by the government – such as social housing, comprising rented dwellings owned by government agencies; and those that stimulate private activity. The measures intended to motivate private initiatives in the desired direction can be in the form of a range of instruments: tax benefits, improved transparency and information, and subsidies.
European Real Estate Markets by José Luis Suárez (auth.)