Naslov
Influence of construction cost increase on real estate price increase – focus on Zagreb in 2022

Autori
Šamu, Karlo ; Hunjet, Anica

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

Izvornik
Economic and Social Development (Book of Proceedings), 92nd International Scientific Conference on Economic and Social Development – "Business, Economics and Social Development after Pandemics" / Kasina, Spomenko ; Cingula, Domagoj - Varaždin : VADEA ; Sveučilište Sjever ; Kasetsart Business School, Bangkok, Thailand, Kasetsart University, Bangkok, Thailand, 2023, 129-133

Skup
92nd International Scientific Conference on Economic and Social Development – "Business, Economics and Social Development after Pandemics"

Mjesto i datum
Bangkok, Tajland, 23.02.2023. - 24.02.2023

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
real estate ; construction sector ; financial analysis

Sažetak
During last decade there is a constant increase in number of new property built in Zagreb. There is a large number of new residence, as well as business buildings constructed with a direct impact on revenue increase of construction companies working in Zagreb area. Regardless of the fact that number of Zagreb population has not changed significantly in last decade, there is an increase of new buildings followed by significant price increase of real estate, especially during last five years. Lack of commercial, or business buildings in Zagreb, as well as workplace deficit in Slavonia have an impact on demand growth in Zagreb real estate sector. With additional flow of Croatian students to Zagreb, demand for quality accommodation has a direct impact on real estate selling price. Recently there was a significant price increase of material and labor, which had additional impact of real estate price increase. Goal of this paper is to analyze available public data that represents material price change, as well as to analyze financial reports of biggest construction companies from Zagreb area. Analyzed data should display impact of material and labor price increase on reals estate price increase, and what could be anticipated in following years.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA