Management of real estate in the process of implementing sustainable development

The residential real estate market is capital intensive, which is causing very strong economic ties with attendant confl icting interests amongst its various participants. Taking this into consideration, housing policy decisions must therefore be comprehensive and versatile, otherwise negative effects may arise that become greater than scheduled benefits. The current market situation should be seen in the light of creating social and environmental crisis. This is because the availability of limited natural resources may ultimately serve to inhibit economic and social development and lead to the generation of irreversible processes. This is why sustainable development is such an important consideration in the problematic area of real estate resource efficiency.Uniwersytet Śląski w Katowicac