Disentangling the effect of types of regulatory Interventions on Housing Prices: A Case Study of Kosovo and Slovenia
Session
Civil Engineering, Infrastructure and Environment
Description
The study aims to quantitatively disentangle the effect of types of regulatory interventions on the housing prices in Kosovo and Slovenia. This research employs a quantitative method, utilizing multiple regression analysis in SPSS to evaluate 2,146 real estate transaction contracts and survey responses from Kosovo and Slovenia, determining the impact of regulatory interventions such as building codes, energy efficiency measures, and zoning regulations on housing prices, with the transactions and responses categorized by period - before and after the implementation of respective building regulations, to compare the influence between the two regions. Regulatory interventions have a significant association with housing prices in both countries, with energy efficiency measures having a positive effect in both countries, and building code and zoning interventions varying in importance. Overall, the study highlights the importance of considering the unique contexts in which regulatory interventions are implemented and provides valuable insights into the effectiveness of these interventions in different contexts.
Keywords:
Regulatory Interventions, Housing Prices, Kosovo, Slovenia, Building Codes, Energy Efficiency Measures, Zoning Regulations, Construction Costs, Real Estate, Multiple Regression Analysis, Policy Implications, Sustainable Housing, Practical Implementation, Building Permit Approval, Urban Growth.
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-95-6
Location
UBT Lipjan, Kosovo
Start Date
28-10-2023 8:00 AM
End Date
29-10-2023 6:00 PM
DOI
10.33107/ubt-ic.2023.338
Recommended Citation
Hoxha, Visar, "Disentangling the effect of types of regulatory Interventions on Housing Prices: A Case Study of Kosovo and Slovenia" (2023). UBT International Conference. 3.
https://knowledgecenter.ubt-uni.net/conference/IC/civil/3
Disentangling the effect of types of regulatory Interventions on Housing Prices: A Case Study of Kosovo and Slovenia
UBT Lipjan, Kosovo
The study aims to quantitatively disentangle the effect of types of regulatory interventions on the housing prices in Kosovo and Slovenia. This research employs a quantitative method, utilizing multiple regression analysis in SPSS to evaluate 2,146 real estate transaction contracts and survey responses from Kosovo and Slovenia, determining the impact of regulatory interventions such as building codes, energy efficiency measures, and zoning regulations on housing prices, with the transactions and responses categorized by period - before and after the implementation of respective building regulations, to compare the influence between the two regions. Regulatory interventions have a significant association with housing prices in both countries, with energy efficiency measures having a positive effect in both countries, and building code and zoning interventions varying in importance. Overall, the study highlights the importance of considering the unique contexts in which regulatory interventions are implemented and provides valuable insights into the effectiveness of these interventions in different contexts.