Comparative Analysis of Selected Regions in Slovakia
The property market and cost of housing have been in the spotlight recently, not only as a result of its gradual increase but also as a consequence of the latest governmental activities declaring housing and public rental market support as one of its main priorities.
This paper shows the property market and residential property prices in the context of households´ disposable income across Slovakia and its sub-regions in the period 2012 – 2021. We see varying conditions between respective regions in terms of average income as well as property price development.
The average affordability index for each of the Slovakian sub-regions is assessed by combining these two variables. Our goal is to identify the most affected regions and outline an alternative approach for optimal support and investment allocation.
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