Further evidence that the supply of land is not the whole story can be found by looking across different regions within the states. If supply has been the critical constraint, we might have expected construction trends to have been very different across inner and outer parts of cities and the regional areas beyond the cities.
At the very beginning, I will try to sum up the period behind us by sharing the following data with you: -  -  -  -  -  -  For seven years in a row inflation has been firmly under the National Bank of Serbia’s control.