{"id":181,"date":"2019-07-07T23:42:51","date_gmt":"2019-07-07T21:42:51","guid":{"rendered":"http:\/\/td_uid_56_5d22675b4c291"},"modified":"2019-10-23T15:14:06","modified_gmt":"2019-10-23T13:14:06","slug":"the-hottest-modern-accessories-for-a-stunning-look","status":"publish","type":"post","link":"https:\/\/cz-stavby.cz\/?p=181","title":{"rendered":"Ceny nemovitost\u00ed st\u00e1le rostou. Kdy praskne realitn\u00ed bublina?"},"content":{"rendered":"\n

\u010derven 2019 v Novinky realitn\u00edho trhu<\/p>\n\n\n\n

Ekonomi\u010dt\u00ed odborn\u00edci v posledn\u00edch m\u011bs\u00edc\u00edch st\u00e1le v\u00edce sklo\u0148uj\u00ed slovo krize a tvrd\u00ed, \u017ee ur\u010dit\u011b p\u0159ijde, ot\u00e1zkou je jen, kdy a co ji zp\u016fsob\u00ed. Kdy je toto nebezpe\u010d\u00ed re\u00e1ln\u00e9?<\/p>\n\n\n\n

„P\u0159esto, \u017ee ceny nemovitost\u00ed rostou z roku na rok, realitn\u00ed bublina pravd\u011bpodobn\u011b nepraskne tak brzy,“ m\u00edn\u00ed gener\u00e1ln\u00ed \u0159editel Across Private Investments Maro\u0161 \u010eur\u00edk. I podle modelu N\u00e1rodn\u00ed banky Slovenska ceny nemovitost\u00ed jsou sice dnes ve f\u00e1zi vzestupu, ale nejde o riziko nebo bublinu. Spou\u0161t\u011b\u010de krize se podle analyti\u010dky \u010cesk\u00e9 spo\u0159itelny Kate\u0159iny Muchova li\u0161\u00ed, zvyknou v\u0161ak reflektovat fundament\u00e1ln\u00ed nesrovnalosti v dan\u00e9 ekonomice, \u010di na trhu. „\u010casto p\u0159\u00edtomnost asymetrick\u00e9 informace p\u0159es n\u00e1r\u016fst ned\u016fv\u011bry spust\u00ed krizi. Pr\u00e1v\u011b proti tomu se sna\u017e\u00ed p\u016fsobit dob\u0159e nastaven\u00e1 fisk\u00e1ln\u00ed a m\u011bnov\u00e1 politika, v\u011bt\u0161\u00ed transparentnost tr\u017en\u00edch vztah\u016f i makropruden\u010dn\u00e1 politika centr\u00e1ln\u00edch bank, jej\u00edm\u017e c\u00edlem je zajistit zdrav\u00ed finan\u010dn\u00edho sektoru, „\u0159ekla K. Muchov\u00e1.<\/p>\n\n\n\n

Realitn\u00ed trh podle 18-let\u00fdch cykl\u016f
\nPodle ekonoma Freda Harrisona, kter\u00fd varoval p\u0159ed kriz\u00ed v roce 2008, funguje realitn\u00ed trh na b\u00e1zi 18-let\u00fdch cykl\u016f. Sv\u00e9 tvrzen\u00ed op\u00edr\u00e1 o pozorov\u00e1n\u00ed v\u00fdvoje cen nemovitost\u00ed b\u011bhem uplynul\u00fdch 300 let. Tvrd\u00ed, \u017ee krize p\u0159ich\u00e1z\u00ed cyklicky, v\u011bt\u0161inou po 18 letech od p\u0159edchoz\u00ed. Ka\u017ed\u00fd cyklus je rozd\u011blen do t\u0159\u00ed f\u00e1z\u00ed. V prvn\u00ed, sedmilet\u00e9 f\u00e1zi jde o pomal\u00fd r\u016fst cen nemovitost\u00ed. Ve druh\u00e9, rovn\u011b\u017e sedmilet\u00e9 f\u00e1zi jde o rychl\u00fd r\u016fst cen nemovitost\u00ed. Ve t\u0159et\u00ed, \u010dty\u0159let\u00e9 f\u00e1zi jde ji\u017e o prasknut\u00ed realitn\u00ed bubliny a obdob\u00ed recese. Na z\u00e1klad\u011b t\u00e9to teorie F. Harrison upozor\u0148uje na rok 2026. Tvrd\u00ed, \u017ee pr\u00e1v\u011b tehdy praskne realitn\u00ed bublina a nastane \u010dty\u0159let\u00e1 f\u00e1ze poklesu cen. Podle n\u011bj moment\u00e1ln\u011b jsme na konci sedmilet\u00e9ho r\u016fstu cen bydlen\u00ed a p\u0159ed n\u00e1mi je m\u00edrn\u00e1 recese, za kterou n\u00e1sleduje v\u00fdrazn\u00e9 zdra\u017eov\u00e1n\u00ed.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Kdy investovat do nemovitost\u00ed
\n„B\u011bhem f\u00e1ze pomal\u00e9ho r\u016fstu kupuj\u00ed nemovitost zku\u0161en\u00ed investo\u0159i. V dob\u011b rychl\u00e9ho r\u016fstu nemovitost prod\u00e1vaj\u00ed. V tomto obdob\u00ed naopak p\u0159ich\u00e1zej\u00ed nezku\u0161en\u00ed investo\u0159i, kter\u00e9 l\u00e1k\u00e1 vidina rychl\u00e9ho v\u00fdd\u011blku. Koup\u011b nemovitosti b\u011bhem nep\u0159irozen\u011b rychl\u00e9ho r\u016fstu je velk\u00e9 riziko, proto\u017ee, co nevid\u011bt, m\u016f\u017ee p\u0159ij\u00edt krach, „\u0159ekl M. \u010eur\u00edk. Ve druh\u00e9m \u010dtvrtlet\u00ed leto\u0161n\u00edho roku pr\u016fm\u011brn\u00e9 ceny bydlen\u00ed na Slovensku \u0161ly nahoru meziro\u010dn\u011b o 6,4%. Tempo r\u016fstu cen se v\u0161ak podle analyti\u010dky Po\u0161tovn\u00ed banky Lucie Dovalovo zpomalilo. Pr\u016fm\u011brn\u00e9 ceny nemovitost\u00ed ji\u017e p\u0159ekro\u010dili historick\u00e1 maxima z druh\u00e9ho kvart\u00e1lu 2008 o 0,5%. „Znamen\u00e1 to, \u017ee metr \u010dtvere\u010dn\u00ed nemovitosti je dra\u017e\u0161\u00ed o sedm eur oproti maxim\u016fm z roku 2008,“ \u0159ekla L. Dovalovo. Hodn\u011b v\u0161ak podle n\u00ed z\u00e1vis\u00ed na typu nemovitosti. Zat\u00edmco ceny dom\u016f jsou ni\u017e\u0161\u00ed oproti p\u0159edkrizov\u00fdm \u00farovn\u00edm, byty u\u017e cenov\u00e9 maxima z roku 2008 p\u0159ekro\u010dili.<\/p>\n\n\n\n

V\u00fdvoj z\u00e1vis\u00ed na mezin\u00e1rodn\u00ed politiky
\nPodle Kate\u0159iny Muchova je v\u0161ak t\u0159eba zd\u016fraznit r\u00e1zn\u00fd n\u00e1r\u016fst disponibiln\u00edho p\u0159\u00edjmu ve srovn\u00e1n\u00ed s rokem 2008, kter\u00fd p\u0159\u00edzniv\u011b ovliv\u0148uje lep\u0161\u00ed dostupnost bydlen\u00ed. R\u016fst cen nemovitost\u00ed souvis\u00ed podle n\u00ed s vysokou popt\u00e1vkou po bydlen\u00ed. Je d\u016fsledkem r\u016fstu p\u0159\u00edjm\u016f obyvatelstva, jako\u017e i st\u00e1le dobrou dostupnost\u00ed \u00fav\u011br\u016f. Po\u0161tovn\u00ed banka p\u0159edpokl\u00e1d\u00e1, \u017ee ceny nemovitost\u00ed budou i po zbytek tohoto roku r\u016fst, ale dynamika r\u016fstu cen nemovitost\u00ed se bude zm\u00edr\u0148ovat vzhledem k p\u0159\u00edsn\u011bj\u0161\u00ed podm\u00ednky p\u0159i poskytov\u00e1n\u00ed \u00fav\u011br\u016f. „T\u011b\u017eko p\u0159edv\u00eddat, kdy dojde k poklesu cen nemovitost\u00ed, proto\u017ee to z\u00e1vis\u00ed i na n\u011bkolika extern\u00edch faktor\u016f, kter\u00e9 ovliv\u0148uj\u00ed to, jak se da\u0159\u00ed ekonomice SR,“ \u0159\u00edk\u00e1 L. Dovalovo. Hodn\u011b to z\u00e1le\u017e\u00ed podle n\u00ed od toho, jak se vy\u0159e\u0161\u00ed zahrani\u010dn\u011b vztahy mezi USA a \u010c\u00ednou, jakou formou odejde Spojen\u00e9 kr\u00e1lovstv\u00ed z Evropsk\u00e9 unie, a tak\u00e9 od toho jak se bude da\u0159it n\u011bmeck\u00e9 ekonomice, kam sm\u011b\u0159uje v\u00edce ne\u017e p\u011btina slovensk\u00e9ho v\u00fdvozu.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u010derven 2019 v Novinky realitn\u00edho trhu Ekonomi\u010dt\u00ed odborn\u00edci v posledn\u00edch m\u011bs\u00edc\u00edch st\u00e1le v\u00edce sklo\u0148uj\u00ed slovo krize a tvrd\u00ed, \u017ee ur\u010dit\u011b p\u0159ijde, ot\u00e1zkou je jen, kdy a co ji zp\u016fsob\u00ed. Kdy je toto nebezpe\u010d\u00ed re\u00e1ln\u00e9? „P\u0159esto, \u017ee ceny nemovitost\u00ed rostou z roku na rok, realitn\u00ed bublina pravd\u011bpodobn\u011b nepraskne tak brzy,“ m\u00edn\u00ed gener\u00e1ln\u00ed \u0159editel Across Private Investments […]<\/p>\n","protected":false},"author":1,"featured_media":224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[32],"tags":[],"class_list":["post-181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aktuality"],"_links":{"self":[{"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/posts\/181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=181"}],"version-history":[{"count":0,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/posts\/181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=\/wp\/v2\/media\/224"}],"wp:attachment":[{"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cz-stavby.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}