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> Journal "Urban Geography and the Real Estate Market"
> Rubric "Topical issues of real estate market"
Topical issues of real estate market |
Sternik G.M., Evstaf'ev A.I., Peretrukhin A.O. -
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DOI: 10.7256/2313-0539.2014.2.9737
Abstract:
DOI: 10.7256/2313-0539.2014.1.10593
Abstract:
Sternik G.M., Apal'kov A.A. - Quantitative evaluation of factors that affect housing and mortgage affordability
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DOI: 10.7256/2313-0539.2015.1.13779
Abstract: This article explores factors that affect the volume of mortgage loans and gives assessment of their impact on the industry. The authors show how the method introduced for housing affordability for the population allows to get a quantitative figure for the factors impacting affordability for direct purchase (no mortgage), as well as loans. Positive changes in projecting and planning for the development of the residential property pool, as well as efficient government support of this pool's reproduction is largely supported by the availability of up to date and accurate information about households, apartments, and detached homes, population density per housing unit, which shows how heavily they are used. This sort of information is available due to the evaluation of household and housing unit conditions, per type, depending on the size (number of family members) and room (availability of living space per housing unit). The authors unveil tendencies that characterize the conditions of homestead and apartment usage, as well as the potential of the matrix-based toolset to analyze population levels. The authors offer their solutions to enhance the quality levels of state control for residential pool development and its rational use, as well as budget fund usage. The authors conduct a calculation experiment for property value appraisal, population income levels and mortgage rates per solvent population segment that can afford housing and mortgage.
Keywords:
mortgage loans, income of population, "mortgage seesaw", price growth rates, factors, supply, mortgage amount, mortgage deals, housing availability, absorption amount
À.D. Sidorenko, V.A. Dogadaylo - Evaluating conditions of household and apartment
occupation in Russian Federation
by the 2002-2010 census data
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pp. 6-11
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DOI: 10.7256/2313-0539.2014.1.65204
Abstract: The article lays out the results of the evaluation of household and apartment occupation in Russia, based
on the size of the property and 2002-2010 census data. Currently, the housing fund development management faces
a severe lack of complete information on housing security of the population and the extent of usage of the existing
housing fund. This leads to the growth of governmental social housing obligations, and results in unfounded expectations
of the population regarding the state’s capability for improving their housing conditions and budget government
support, and, as a result, does not enable efficient use of the resources poured into housing. A differential evaluation
of household and apartment occupation, based on their classification, as well as integral evaluation of housing conditions
of separate buildings, building complexes and regions, may become invaluable tools for solving housing issues.
Positive changes in projections and planning of the housing fund development, the efficiency of government support,
in maintaining availability of housing, are largely defined by the availability of up to date and accurate information
on occupation conditions of households, apartments, individual houses, which would permit the evaluation of the
conditions of occupation of housing units by type, in accordance with size and living space per individual. The article
singles out trends which characterize the conditions of household and apartment occupancy and demonstrates the
possibilities of a matrix-based approach in evaluating the housing conditions. The author proposes several ways to
improve government management of the housing fund growth and its rational use, as well as the efficiency of budget
money usage in housing.
Keywords:
evaluation, conditions, occupation, households, housing units, apartments, indicators, structire, census
Sternik G.M., Yevstafyev A.I., Petrukhin A.O. - Development of national real estate markets during the
expansion of foreign capital
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pp. 6-22
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DOI: 10.7256/2313-0539.2014.2.65868
Abstract: The macroeconomic instability that shook the world in 2008 revealed a large number of differences in the
decline and recovery rates of national real estate markets. At the same time, the majority of existing scientific concepts
(the neo-liberal, the globalist, the national economic) were shown to be inadequate in explaining the dynamics of those
processes. Overcoming this situation would require a fundamental revision of the view on the substance of foreign
property investments, studying it in isolation from all other forms of capital investments. The methodology of classic
political economy is exceptionally important in this endeavour, because it allows for systemic study of international
circulation of capital, and to precisely pinpoint the regularities and patterns in real estate market development in
existing circumstances. Combined with graphic modeling, conducted on the basis of a vast factual material, it helps to
dispel the illusion of national property market autonomy. The research conducted allowed to substantiate asynchrony
in their development and to prove the deciding role of transnational investment and construction capital expansion in
forming a global interdependency of national property markets.
Keywords:
property markets, market, globalization, foreign, market development, international, real estate, investment, cycles
Sternik G.M., Apal'kov A.A. - Quantitative evaluation of factors that affect housing and mortgage affordability
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pp. 6-16
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DOI: 10.7256/2313-0539.2015.1.66484
Abstract: This article explores factors that affect the volume of mortgage loans and gives assessment of their impact on the industry. The authors show how the method introduced for housing affordability for the population allows to get a quantitative figure for the factors impacting affordability for direct purchase (no mortgage), as well as loans. Positive changes in projecting and planning for the development of the residential property pool, as well as efficient government support of this pool's reproduction is largely supported by the availability of up to date and accurate information about households, apartments, and detached homes, population density per housing unit, which shows how heavily they are used. This sort of information is available due to the evaluation of household and housing unit conditions, per type, depending on the size (number of family members) and room (availability of living space per housing unit). The authors unveil tendencies that characterize the conditions of homestead and apartment usage, as well as the potential of the matrix-based toolset to analyze population levels. The authors offer their solutions to enhance the quality levels of state control for residential pool development and its rational use, as well as budget fund usage. The authors conduct a calculation experiment for property value appraisal, population income levels and mortgage rates per solvent population segment that can afford housing and mortgage.
Keywords:
mortgage loans, income of population, "mortgage seesaw", price growth rates, factors, supply, mortgage amount, mortgage deals, housing availability, absorption amount
Dolgih E.I., Antonov E.V. - Steady development rating for Russian cities
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DOI: 10.7256/2313-0539.2015.1.14889
Abstract: This article focuses attention on the steady development rating for Russian cities. This rating is based on international experience and leans on steady territory development principles, which are established by international organizations and academic societies. To form the rating, the author uses integral indicators like the steady city development index. This index is calculated on the basis of 30 statistical indicators that characterize steady city development by three main sections: economics, environment, social sphere. The authors examine the aims and goals of this rating, the principles of its calculation, its projections and applications. The methodological basis of this work consists of general and specific science methods for studying the existing social and legal realities in the area of examination: analysis, synthesis, systematization and generalization, the formal and logical approach. Attention is drawn to examining the rating results by the main indicator groups, consistencies in results and explaining the reasons and the preconditions for indicator value arrangements. The authors also examine the rating results by city groups with various population levels, and the differences in Federal subject rating calculations. Along with that, the authors also offer new possibilities for practical applications of rating results.
Keywords:
index groups, Russia's regions, steady development, Russian cities, Rating, Tripple Bottomline, economy, social sphere, environment, population
Dolgikh E.I., Antonov E.V. - Steady development rating for Russian cities
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pp. 17-32
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DOI: 10.7256/2313-0539.2015.1.66485
Abstract: This article focuses attention on the steady development rating for Russian cities. This rating is based on international experience and leans on steady territory development principles, which are established by international organizations and academic societies. To form the rating, the author uses integral indicators like the steady city development index. This index is calculated on the basis of 30 statistical indicators that characterize steady city development by three main sections: economics, environment, social sphere. The authors examine the aims and goals of this rating, the principles of its calculation, its projections and applications. The methodological basis of this work consists of general and specific science methods for studying the existing social and legal realities in the area of examination: analysis, synthesis, systematization and generalization, the formal and logical approach. Attention is drawn to examining the rating results by the main indicator groups, consistencies in results and explaining the reasons and the preconditions for indicator value arrangements. The authors also examine the rating results by city groups with various population levels, and the differences in Federal subject rating calculations. Along with that, the authors also offer new possibilities for practical applications of rating results.
Keywords:
index groups, steady development, Russian cities, Rating, Tripple Bottomline, economy, social sphere, environment, population
Solin D.V., Ivankina E.V. -
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DOI: 10.7256/2313-0539.2014.2.11147
Abstract:
Solin D.V., Ivankina E.V. - “Green” housing construction
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pp. 23-30
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DOI: 10.7256/2313-0539.2014.2.65869
Abstract: Lately, “green” construction has become a necessary and promising vector for modern development
– not only due to lower operating costs for the owners and end users, but also for developers themselves during the
course of the construction. “Green” standards set the bar for the environmentally sound business. They promote the
creation of “green” technologies, goods and services for healthy businesses, no matter its type, location and size.
“Green” business does not have adverse effects on global and local environment, local communities, society and
economy in general. In this article, we will try to explain key factors that directly help reduce construction costs
for habitation (not commercial properties). Below, we present our theses that confirm the claims that construction
of energy-efficient, environmentally clean housing may also be profitable during construction – not just operation.
Modern science and innovative technologies allow for the entire life cycle of the “green” building to be considerably
less expensive, starting with environment-friendly materials and closing with smart management of the property and
consequent certification. This article examines several theses that help understand but a few aspects that can cut the
budget costs of construction.
Keywords:
Green, construction, innovation, standards, technology, costs, mass production, effects on environment, alternative energy sources, materials
Sternik G.M., Sternik S.G., Apal'kov A.A. -
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DOI: 10.7256/2313-0539.2014.2.12020
Abstract:
Sternik G.M., Sternik S.G., Apalkov A.A. - The new method for housing affordability assessment
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pp. 31-49
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DOI: 10.7256/2313-0539.2014.2.65870
Abstract: In this article, we study the evolution of housing affordability methods, including the standard international
UN HABITAT, the basic method of Gosstroy that is used in Russian official documentation, as well as its modifications,
offered in various scientific works. We have chosen a prototype method that meets the most modern requirements, and
modified it, using the accumulated experience in this strand of research. Initial data has been prepared and the main indicators of housing affordability were calculated, by the example of flats in apartment blocks being constructed in
2012 in Moscow (not accounting for mortgage support). The authors demonstrate the differentiating results of housing
affordability evaluation performed with the new method and those with the basic method. Multiple modifications of the
basic method for population housing affordability evaluation were analyzed, and an analysis was conducted on Moscow’s
housing on the stage of construction. A comprehensive analysis of the housing affordability evaluation methods allowed
to reveal the flaws of the modified base method. The research of multiple modifications of the basic method allowed
to select a modification that satisfies modern requirements the most, and to develop approaches for improving it. The
changes offered for the modified method will broaden its capabilities for enhanced analysis of the issue.
Keywords:
Housing affordability, affordability evaluation indicators, share of the population, Standard, Basic, Modified, coefficient calculation method, affordability evaluation, mortgage support, enhanced method
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