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Towards a New Housing System in Transitional Countries: The Case of Hungary

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Housing Market Challenges in Europe and the United States

Abstract

The soviet bloc collapsed in 1989/1990, since when the political map of the region has changed; new independent countries have emerged, not always in the same peaceful way as the Czech Republic and Slo-vakia. Political systems were transformed, multi-party systems were introduced everywhere in the region, but the one-party systems were not automatically replaced by modern democracies.

The findings of this chapter are based on research conducted in the EU 7th Framework Program DEMHOW Demographic Change and Housing Wealth (Grant Agreement Number 216865) and partly draw on studies Hegedüs and Somogyi (2005), and Hegedüs and Teller (2005, 2009) also. The author wishes to thank Nóra Teller for her valuable comments and help in preparation of this chapter.

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Authors
  1. József Hegedüs
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Editor information

Editors and Affiliations

  1. Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK

    Philip Arestis (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor) (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor)

  2. Department of Economics, University of Utah, USA

    Philip Arestis (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor) (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor)

  3. Levy Economics Institute, New York, USA

    Philip Arestis (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor) (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor)

  4. Leeds Business School, University of Leeds, UK

    Philip Arestis (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor) (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor)

  5. Department of Finance and Management Studies, School of Oriental and African Studies (SOAS), University of London, UK

    Philip Arestis (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor) (University Director of Research, Distinguished Adjunct Professor of Economics, Senior Scholar, Visiting Professor)

  6. Economic Analysis and Research, Department of the Oesterreichische Nationalbank, Vienna, Austria

    Peter Mooslechner (Director) (Director)

  7. Oesterreichische Nationalbank, Austria

    Karin Wagner (Economist) (Economist)

Copyright information

© 2009 József Hegedüs

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Cite this chapter

Hegedüs, J. (2009). Towards a New Housing System in Transitional Countries: The Case of Hungary. In: Arestis, P., Mooslechner, P., Wagner, K. (eds) Housing Market Challenges in Europe and the United States. Palgrave Macmillan, London. https://doi.org/10.1057/9780230246980_9

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