Rental Housing for Young Households in the Czech Republic: Perceptions, Priorities, and Possible Solutions

Abstract

This paper describes changes in the housing market after the collapse of communism in Central Europe and analyses the current functions and perceptions of the private rental housing in the Czech Republic. It aims to understand why private rental housing is perceived as a sub-optimal housing solution for young adults, whether this affects their family plans, and which policy design could change that. The article uses qualitative research techniques to analyse mental frames, opinions, and attitudes of both potential tenants and landlords towards rental housing. The authors argue that the main problem of rental housing for young tenants is the short-term lease. Lack of mutual trust between tenants and landlords is a main cause of short-term contracts in the private rental segment. The insecurity it produces among young tenants contributes to delayed family formation. A policy tool aiming to overcome that distrust between tenants and private landlords through the involvement of an independent third party as a guarantor of the relationship is discussed.