Abstract

LEGAL OBSTACLES TO DEVELOPMENT OF HOUSING CONSTRUCTION

Summary
The development o f housing construction in the Polish Republic encounters numerous obstacles not only o f economic but also legal nature. The main obstacles are the following: deficiencies o f the investment processes law; excessive limitations of the construction law, lack of its stability and corruption promoting legal regulations. As a result, the investment process in Poland is lengthened and conflict-inducing and - as such - it demands changes. It is necessary that the State should become more active in establishing development- promoting legal policies and, on the other hand, less restrictive towards investment. This means that the following actions should be taken: establishing economic and legal mechanisms fostering personal initiative and entrepreneurial spirits, favorable tax regulations, broad-based provision o f credits for the housing construction businesses and making the investment process much less formal.