Publication at Faculty of Science |
2013
Abstract
This article discusses the negative consequences of belief that real estate is the best way of investing free money. Of course, investment in real estate brings a lot of positive results.
However, there are at least three negative consequences: a "bubble" of real estate, deserted locations and residental segregation (gated communities). Research studies show that the acquisition of a piece of real estate for investment in the Czech Republic, particularly Prague, is not a marginal phenomenon.
All these negative consequences have thus recently started appearing in the Czech Republic.