Grey Zone in the Real Estate Market

The grey area exists in all countries of the world. It is visible in various areas of activity, which means that it is widespread. It is a sign of the weak state institutional structures and overregulation of the economy. Traces of it are also visible on the real estate market. This paper argues tha...

Full description

Bibliographic Details
Main Author: Kucharska-Stasiak Ewa
Format: Article
Language:English
Published: Sciendo 2016-09-01
Series:Real Estate Management and Valuation
Subjects:
r30
l85
Online Access:https://doi.org/10.1515/remav-2016-0023
id doaj-6960851d9f9a4b6693595bc32599e659
record_format Article
spelling doaj-6960851d9f9a4b6693595bc32599e6592021-09-05T14:00:12ZengSciendoReal Estate Management and Valuation2300-52892016-09-01243839210.1515/remav-2016-0023remav-2016-0023Grey Zone in the Real Estate MarketKucharska-Stasiak Ewa0Faculty of Economics and Sociology, University of LodzThe grey area exists in all countries of the world. It is visible in various areas of activity, which means that it is widespread. It is a sign of the weak state institutional structures and overregulation of the economy. Traces of it are also visible on the real estate market. This paper argues that the size of the shadow economy in the real estate market is significantly undervalued. For this purpose, areas of its occurrence which had not been included in previous estimates were indicated, prepared by the Central Statistical Office and the Gdansk Institute for Market Economics. Two ways of tracking the grey zone were used: press reports and case studies.https://doi.org/10.1515/remav-2016-0023grey economyinformal economyreal estate marketr30l85
collection DOAJ
language English
format Article
sources DOAJ
author Kucharska-Stasiak Ewa
spellingShingle Kucharska-Stasiak Ewa
Grey Zone in the Real Estate Market
Real Estate Management and Valuation
grey economy
informal economy
real estate market
r30
l85
author_facet Kucharska-Stasiak Ewa
author_sort Kucharska-Stasiak Ewa
title Grey Zone in the Real Estate Market
title_short Grey Zone in the Real Estate Market
title_full Grey Zone in the Real Estate Market
title_fullStr Grey Zone in the Real Estate Market
title_full_unstemmed Grey Zone in the Real Estate Market
title_sort grey zone in the real estate market
publisher Sciendo
series Real Estate Management and Valuation
issn 2300-5289
publishDate 2016-09-01
description The grey area exists in all countries of the world. It is visible in various areas of activity, which means that it is widespread. It is a sign of the weak state institutional structures and overregulation of the economy. Traces of it are also visible on the real estate market. This paper argues that the size of the shadow economy in the real estate market is significantly undervalued. For this purpose, areas of its occurrence which had not been included in previous estimates were indicated, prepared by the Central Statistical Office and the Gdansk Institute for Market Economics. Two ways of tracking the grey zone were used: press reports and case studies.
topic grey economy
informal economy
real estate market
r30
l85
url https://doi.org/10.1515/remav-2016-0023
work_keys_str_mv AT kucharskastasiakewa greyzoneintherealestatemarket
_version_ 1717812350427332608