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Improvement of the Housing Conditions of the Population: Challenges of Achieving the National Goal

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  • S. G. Sternik

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article considers topical economic aspects of the development of the housing market as a sector of the national economy and complex socioeconomic system, specifically, financial mechanism of economic reproduction (formation of effective demand) in the housing market; expansion of economic and legal definitions of housing commissioning, improvement in housing conditions, and acquisition of dwelling, and the impact that dynamics of return on urban residential development has on sustainability of market functioning. Inferences and suggestions are formulated with respect to attainability of the national goal of an improvement in the housing situation of at least five million families annually, which was established by the May decree (ukase) of the President of the Russian Federation.

Suggested Citation

  • S. G. Sternik, 2019. "Improvement of the Housing Conditions of the Population: Challenges of Achieving the National Goal," Studies on Russian Economic Development, Springer, vol. 30(4), pages 434-441, July.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:4:d:10.1134_s1075700719040142
    DOI: 10.1134/S1075700719040142
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    References listed on IDEAS

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    1. G. M. Sternik & S. G. Sternik, 2017. "Evaluation of the mid-market investment returns in real estate development when forecasting the housing market," Studies on Russian Economic Development, Springer, vol. 28(2), pages 204-212, March.
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    Cited by:

    1. S. G. Sternik, 2023. "Integrated Urban Development and Regional Economies," Studies on Russian Economic Development, Springer, vol. 34(2), pages 194-206, April.

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