The impact of the revitalization on the prices of real estate housing in the secondary market in the city center of Łódź

Source abstract

The article examines the impact of urban regeneration of the built environment, conducted between 2019 and 2022 in the urban regeneration zone in the city of Łódź, Poland, on the price per square metre of apartments in the secondary market, expressed in constant 2017 prices. For this purpose, a unique spatial dataset is compiled and analysed with spatial econometric methods. The results reveal the statistical significance of the influence of selected urban tissue regeneration policies funded by local authorities, predominantly the regeneration of public spaces, on the increment of apartment prices in the secondary market.