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Since the end of the Cold War, the residences in the city center of Prague have:

remained constant.

declined in value.

increased in size.

declined in number.

User NSF
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The Correct answer is "declined in value"

After the end of World War II, Czechoslovakia was subsequently annexed to the USSR. This brought a series of reforms, which were executed by the ruling left-wing party, known as the "The National Front". Regarding the city's urban development, the government designed the "Stavoprojekt System". This project oversaw the transition from a more studio-based architecture to one focused on mass production. The result of this was the construction of standardized residencies that were built with structural panels.

This style of architecture was dominant in Prague until the beginning of 1990, when the USSR dissolved. As a result, the value of properties in the city center started to decline. There was a shift in the style of designing homes that came along with the emergence of post-war neighborhoods in the outer parts of the city.



User Inkd
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Declined in value

In 1989, after the mob police beat back a serene understudy showing, the Velvet Revolution swarmed the avenues of Prague and the Czechoslovak capital profited significantly from the new mind-set. In 1993, after the split of Czechoslovakia, Prague turned into the capital city of the new Czech Republic. In the late 1990s Prague again turned into a critical social focal point of Europe and was quite affected by globalization. In 2000 enemy of globalization Protests in Prague (somewhere in the range of 15,000 dissidents) turned fierce amid the IMF and World Bank summits. In 2002 Prague experienced across the board surges that harmed structures and furthermore its underground transport framework. Prague propelled an offer for the 2016 Summer Olympics, however neglected to make the Candidate city waitlist. Because of low political help, Prague's authorities picked in June 2009 to drop the city's arranged offered for 2020 Summer Olympics as well.

Nowadays, population is assessed at 1.3 million individuals and is spread more than 10 distinct areas inside the city. As one would expect, is denser in the center and southern regions of Prague which incorporates Prague 2 and 3. Near the focal point of the city is the old town territory, home to a considerable lot of the memorable milestones and purposes of touristic intrigue.

User Eranga
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