Regional real estate prices 1920 - 1944, comparison of the economic progress

Vaclav Beran, Petr Kalcev, Zita Prostejovska

Regional real estate prices 1920 - 1944, comparison of the economic progress

Číslo: 2/2017
Periodikum: Business & IT
DOI: 10.14311/bit.2017.02.06

Klíčová slova: Real Estate, Interwar Period, Real Estate Prices

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Anotace: The market situation in the world between World War I and World War II developed rapidly in the Czech lands. The article summarizes the data acquired by Decorating Ads (1920-1944) and maps the real estate market in selected locations to the beginning of the Second World War This period includes a significant economic recovery in the aftermath of the First World War and the period of economic crisis in the era after the First World War. The created economic environment, which can be called the environment of overheated economic boom, was bringing high profits. An important position in the mechanisms of the origin of the economic crisis is business with real estate. The long-term period of protracted economic crisis follows, followed by the political crisis, and the Second World War. The notion of rapid overcoming the crisis was not confirmed in the 1930s.