SPECIAL CHARACTERISTICS OF MARKET SUPPLY FORMATION IN THE HOUSING DEVELOPMENT SECTOR AND RESIDENTIAL BUILDINGS RECONSTRUCTION UNDER THE PRESENT-DAY CONDITIONS IN RUSSIA

  • Larisa Selyutina Emperor Alexander I St. Petersburg State Transport University, Saint-Petersburg
  • Natalia Vasileva Saint-Petersburg State University of Economics, Saint-Petersburg
  • Tatyana Maleeva Pushkin Leningrad State University, Saint-Petersburg
  • Natalya Frolova Pushkin Leningrad State University, Saint-Petersburg
DOI: https://doi.org/10.12955/cbup.v7.1375

Abstract

It is necessary to understand the housing market situation for selecting strategic measures that are able to ensure the balanced state of market supply and demand. This task is very relevant in the field of housing stock development and reconstruction in Russia. The up-to-date aspect of this issue has been investigated in this paper, and it is marked by the particular characteristics of intercommunication of the processes of supply generation for the purpose of satisfaction of demands for reconstruction and building activities projects in the housing sector and investment supply introduced into the investment market. This paper directs attention to the necessity of expanding the forms of housing needs satisfaction in order to increase housing affordability. This research is of practical importance and is intended to improve the performance of the modern housing reproduction market in Russia owing to the further development of the market mechanisms and tools, which ensure the reliability of housing development and housing stock reconstruction investments in line with people's investment and consumer demands

Published
2019-09-30
Issue
Vol 7 (2019): CBU International Conference Proceedings 2019
Section
Economics and Business
Copyright (c) 2019 Authors

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