The end of 2019 and the beginning of 2020, the COVID-19 epidemic began, initially breaking out in China and then spreading across the entire world. Due to the epidemic, significant changes occurred in everyday life. Governments introduced measures to prevent the spread of the virus, including quarantines, restrictions on movement and large gatherings, closure of public institutions, the introduction of remote work, and more. The implementation of these measures negatively impacted the entire economy, including the real estate market.
This thesis examines the real estate market before and after the COVID-19 epidemic. The purpose of the thesis is to study and analyze the real estate markets in Slovenia and Croatia and to determine how the epidemic affected supply and demand.
The thesis consists of a theoretical and a research part. The theoretical section presents basic concepts, the real estate market, characteristics and types of real estate, and the main factors influencing prices. In the research section, we compared the real estate markets in Slovenia and Croatia during the period 2018–2022. We used data from various statistical databases of both countries. Using the descriptive method, we reviewed the literature. In the research part, we used indexes to determine how the real estate market changed over the years and what impact the COVID-19 epidemic had.
Through the analysis, the aim of the thesis was achieved. We concluded that the COVID-19 epidemic initially had a negative impact on demand for all types of real estate, both in Slovenia and Croatia. Later, however, the market recovered and returned to its original state before the epidemic began. Despite the epidemic, real estate prices increased.
|
