Economic Themes (2014) 52 (3) 5, 313-331

THE ECONOMICS OF HOUSING FINANCE IN SERBIA


Isidora Ljumović, Srđan Marinković

Abstract: The paper presents analysis of the achieved development level of the housing market in Serbia. Various factors that have shaped demand and supply are systematized and their impact over the last decade was analysed and monitored. As important ones demographic, macroeconomic and financial factors are singled out and a special importance is given to the analysis of specific historical and socio-political circumstances that have influenced the development of the housing market during the period of analysis.

Keywords:  housing market; home loans; construction; subsidized loans; inflation

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