AbstractAbout AuthorsReferences
The influence of certain macroeconomic factors on the real estate market of Moscow and The Program of Renovation of the Housing Stock is investigated. In the context of the continuing decline in real incomes of the population since 2014, the importance of macroeconomic factors affecting the budget constraint of the consumer is growing. Such factors as housing mortgage lending, inflation and exchange rate are considered. All these macroeconomic factors are interrelated with each other. At the same time, data from the Moscow Office of The Federal Service for State Registration, Cadastre and Cartography (Rosreestr) show growth in the housing market in Moscow. The impact of macroeconomic factors on the real estate market is smoothed even in the case of negative macroeconomic conjuncture due to the specifics of the city in the domestic system of division of labor.
R.R. ABYANOV, Candidate of Sciences (Economics), Research Scientist (This email address is being protected from spambots. You need JavaScript enabled to view it.)
LLC RDC “City Development” (18, bldg.3, Mira Prospect, Moscow, 129090, Russian Federation)
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7. Medyanik Yu.V. On the prospects for the development of the economy class housing market. Zhilishchnyye strategii. 2014. Vol. 1. No. 1, pp. 45–60. doi:10.18334/zhs.1.1.54
8. Gareyev I.F. Mukhametova N.N. Primary real estate market: opportunities and obstacles for further development. Rossiyskoye predprinimatelstvo. 2016. Vol. 17. No. 21, pp. 2875–2884. (In Russian). doi: 10.18334/rp.17.21.37021.
9. Gareyev I.F. Mustafina L.R. Rental housing market: development experience, current issues and prospects. Rossiyskoye predprinimatelstvo. 2016. Vol. 17. No. 21, pp. 2931–2938. (In Russian). doi: 10.18334/rp.17.21.37077
10. Lantus E.V. The local real estate market in the system of local markets of large cities: general and specific factors of its functioning and development. Rossiyskoye predprinimatelstvo. 2016. Vol. 17. No. 10, pp. 1237–1250. (In Russian). doi: 10.18334/rp.17.10.35281.
11. Gareyev I.F. Karbova L.Yu. Attributes of the modern residential real estate market. Rossiyskoye predprinimatelstvo. 2017. Vol. 18, No. 23, pp. 3789–3798. (In Russian). doi: 10.18334/rp.18.23.38748
12. Kievskiy I.L., Zhukov G.N. Obzor rynka zhiloy nedvizhimosti Moskvy i otsenka vliyaniya na nego Programmy renovatsii. V kn. Renovaciya. Krupnomasshtabnyj gorodskoj proekt rassredotochennogo stroitel’stva: Monografiya o nauchno-metodicheskih podhodah i nachale realizacii programmy. Pod red. I.L. Kievskogo [Overview of the residential real estate market in Moscow and assessment of the impact of the Renovation Program on it. In book: Renovation. Large-scale urban dispersed construction project. Monograph on scientific and methodological approaches and the beginning of the program Edited by Kievskiy I.L.]. Moscow: Russkaya shkola. 2018, pp. 171–181.
13. Kievskiy I.L., Kievskiy L.V., Аrgunov S.V. Mnozhestvennyye effekty renovatsii. V kn. Renovaciya. Krupnomasshtabnyj gorodskoj proekt rassredotochennogo stroitel’stva: Monografiya o nauchno-metodicheskih podhodah i nachale realizacii programmy. Pod red. I.L. Kievskogo [Multiple effects of renovation. In book: Renovation. Large-scale urban dispersed construction project. Monograph on scientific and methodological approaches and the beginning of the program. Edited by Kievskiy]. Moscow: Russkaya shkola. 2018, pp. 182–191.
For citation: Abyanov R.R. The impact of certain macroeconomic factors on the real estate market and the program of renovation of the housing stock in Moscow. Zhilishchnoe Stroitel’stvo [Housing Construction]. 2019. No. 11, pp. 19–25. (In Russian). DOI: https://doi.org/10.31659/0044-4472-2019-11-19-25