The transition process in the housing and construction industry has embraced deep structural changes on the side of both suppliers and buyers. As a new independent country, Croatia has been undergoing a complex process of transition towards a market environment. The country was exposed to war in the early 1990s, that has resulted in targeting major portion of its potentials towards the reconstruction of destroyed/damaged property.A comprehensive reconstruction should involve all forms of market-friendly, social, environmental, and economic policy to ensure good quality of life as well as regional and sustainable development. However, it is important to notice that the efficient privatization and establishing an effective private sector is an unavoidable pre-condition for the overall economic development as well as an efficient housing industry. Therefore, the increasing role of the private sector strongly correlates with the successful market transformation and the time needed to catch up with the needed growth. This paper introduces low-income housing as the perspective of the Croatian transition economy.
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