House prices and unemployment: A recent evidence from Poland

Krzysztof Drachal

Rezumat/Abstract. The purpose of this paper is to present the analysis of the relationship between house affordability and unemployment on the regional level in Poland. The affordability is measured by dividing the average house price by the average wage in a region. The period between 2006 and 2015 is analysed. The quarterly data are used. The data were collected from the biggest cities in voivodeships (certain kind of Polish administrative regions). Additionally, one extra city was also examined. As the result, 17 cities were analysed. Both primary and secondary markets were analysed.

Cuvinte cheie/Key words: property market, real estate market, regional labour market, wages

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