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Features of Housing Markets in Russian Federation and Their Influence on Mechanisms of Sector Pricing

Author (s)

Marchenko Viktoriya Dmitrievna

Abstract

The next tendencies and prospects of development of regional housing markets are to some extent caused by expectations of the following events: new legislative initiatives concerning the market of residential real estate; stabilization and predictability of an exchange rate; gradual decrease in mortgage rates, revision of a number of concepts and projects in the sphere of construction in the largest real estate markets; tendencies to growth of agglomerative and conurbanizationative processes. The article substantiates the idea of the need for development, adoption and subsequent comprehensive implementation in practice of an integral concept of evaluation of residential real estate in the Russian Federation. In addition, the author substantiates an expediency of establishing in the Russian Federation tax benefits on residential real estate.

Keywords

market pricing, tariffs, housing market, institutional economics residential real property

References

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Publication date

Tuesday, 11 September 2018