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DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY

Sławomir Kulesza et al · Lodz University Press · 2014

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Author / responsible party
Sławomir Kulesza et al
Publisher
Lodz University Press
Year
2014
ISSN
0208-6018
ISSN
0208-6018
Language
English

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The paper describes application of catastrophe theory for analysis of trends of real estate prices inPoznan. It turns out that the evolution of the real estate market is comprised of two main processes: long-term evolution in the area of a non-degenerate stability and discontinuous, rapid changes in the area of a degenerate stability. In the macro scale, the construction and developing branch contributes largely to the Gross Domestic Product affecting overall economic environment. In the micro scale, however, the knowledge about future price trends may help to decide whether or not to buy or sell the house property.

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APA 7

al, S. K. E. (2014). DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY. https://czasopisma.uni.lodz.pl/foe/article/view/65

MLA

al, Sławomir Kulesza et. "DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY." 2014. https://czasopisma.uni.lodz.pl/foe/article/view/65.

Chicago

al, Sławomir Kulesza et. 2014. "DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY.". https://czasopisma.uni.lodz.pl/foe/article/view/65.

Harvard

al, S. K. E. 2014, DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY, Lodz University Press, available at: https://czasopisma.uni.lodz.pl/foe/article/view/65 [Accessed 10 Aug. 2026].

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Resource details

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Title
DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY
Author / contributors
Sławomir Kulesza et al
Publisher
Lodz University Press
Publication year
2014
ISSN
0208-6018
ISSN
0208-6018
Language
English

Subjects

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catastrophe theory real estate market dynamics
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