Naslov
Loan subsidization as a measure of residential policy in year 2017/2018 in the Republic of Croatia

Autori
Horvat, Dajana Maria ; Kreber, Tihana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), stručni

Izvornik
Economic and Social Development (Book of Proceedings), 53rd International Scientific Conference on Economic and Social Development / - , 2020, 349-358

Skup
53rd International Scientific Conference on Economic and Social Development ; 6th ITEM Conference: "Innovation, Technology, Education and Management"

Mjesto i datum
Sveti Martin na Muri, Hrvatska, 10.09.2020. - 11.09.2020

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
APN, Law on Subsidizing Residential Loans, Subsidized loans

Sažetak
In order to achieve demographic renewal of the society, urban regeneration of settlements and reduction of youth evications and assistance to citizens, in June 2017, the Croatian Parliament passed the Law on Subsidizing Residential Loans. The Law regulates the subsidization of home loans for the purchase of an apartment or house and the construction of a house to resolve residential problems. A citizen of the Republic of Croatia can take a house loan from a credit institution, and part of the monthly instalments are subsidized by budgetary funds. The paper outlines the conditions set out in the Law of Subsidizing Residential Loans, as well as the differences in the Law comparing Year 2017 and 2018. In order to show the overall coverage and performance of the Law, the paper provides data such as the number of total subsidized loans per year, the average effective interest rate used and the average amount of residential loans. The aim of the paper is to prove the success of the Law in terms of savings for the citizens of the Republic of Croatia. The aim of the research is to show the interest of the citizens of the Republic of Croatia in the realization of subsidized loans, which results in an increase in the purchase of the apartments/houses and construcion for the purpose of staying in their homeland. As it is a new model that has just come to life in 2017, it is questionable to what extent it has contributed to reducing the displacement of young people from their homeland. Subsidizing residential loans in the Republic of Croatia is welcomed by citizens regardless of whether they are buyers or sellers. Number of loans applications submitter in year 2017 and the increase in interest in 2018 is the evidence for cited.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA