A COMPARISON OF CONSTRUCTION AND SPATIAL PLANNING LAWS AFFECTING HOUSING PRICES IN KOSOVO AND SLOVENIA

Session

Law

Description

This article compares laws in Kosovo and Slovenia affecting housing prices. It also quantitatively examines the effect of these regulations on housing prices. It analyses 1,468 housing sales in Kosovo and 677 housing sales in Slovenia using random sampling and quantitative research. It finds that there are more similarities than differences between legal restrictions in Kosovo and Slovenia that affect housing prices. Slovenia has more advanced spatial and zoning laws that control urban and population growth. Finally, it finds that building regulations affect housing prices in both Kosovo and Slovenia. The practical implication is that real estate developers cannot merely build to lower standards to keep overall construction costs down.

Keywords:

housing, housing prices, spatial planning, Kosovo, Slovenia.

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-50-5

Location

UBT Kampus, Lipjan

Start Date

29-10-2022 12:00 AM

End Date

30-10-2022 12:00 AM

DOI

10.33107/ubt-ic.2022.238

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Oct 29th, 12:00 AM Oct 30th, 12:00 AM

A COMPARISON OF CONSTRUCTION AND SPATIAL PLANNING LAWS AFFECTING HOUSING PRICES IN KOSOVO AND SLOVENIA

UBT Kampus, Lipjan

This article compares laws in Kosovo and Slovenia affecting housing prices. It also quantitatively examines the effect of these regulations on housing prices. It analyses 1,468 housing sales in Kosovo and 677 housing sales in Slovenia using random sampling and quantitative research. It finds that there are more similarities than differences between legal restrictions in Kosovo and Slovenia that affect housing prices. Slovenia has more advanced spatial and zoning laws that control urban and population growth. Finally, it finds that building regulations affect housing prices in both Kosovo and Slovenia. The practical implication is that real estate developers cannot merely build to lower standards to keep overall construction costs down.