The situation in the Russian real estate market can be significantly aggravated in the context of the crisis caused by the pandemic COVID-19. To understand how soon the Russian residential real estate market will be able to adapt to the new realities, it is necessary to give a forecast of the main trends that will occur in this sector in the post-viral era. The impact on the residential real estate market of the crisis caused by the widespread introduction of the quarantine regime and other restrictive measures in the framework of countering the pandemic of viral infection, the declaration of public health emergencies has not been investigated in the international and domestic literature. Since the current crisis is caused by the shock of demand and the shock of supply, which allows us to talk about it as a financial crisis with massive bankruptcy of both legal entities and individuals, the authors in their study relied on scientific works, the subject of which were the development of the real estate market in the context of the economic crisis. The main results of the study include: highlighting the characteristics of the residential real estate market that developed on the eve of the outbreak of the crisis; in conditions of shock period; its restoration and possible directions for the development of the residential real estate market in the near and medium term. In order to predict the situation in the domestic residential real estate market, a model of housing affordability ratio was applied (taking into account mortgage support). The findings of a study of the situation in the residential real estate market allowed the authors to propose a number of measures that need to be taken at the level of state authorities in the context of the "pandemic effect."
In this article, the authors consider the role of one of the subsystems of infrastructure -the residential real estate sector. The relevance of this topic lies in the plane of the fact that the state and prospects for the development of residential real estate must be viewed through the prism of the economic system, the main element of which is a person. It is a person with his potential that determines and sets the vector of development of the economic system.The state of human potential is determined, inter alia, by the quality of its life, the main criterion of which is housing security. That is, the affordability of housing can be considered one of the significant characteristics of the quality of life. The imbalance in the elements of housing infrastructure and a decrease in their quality can lead to an imbalance in the system and even to its destruction. The article presents an empirical analysis of the state of the housing stock of the Russian Federation. Based on the data obtained, problems were identified and conclusions were drawn on such an indicator as the housing affordability coefficient and recommendations were made on further development of the industry.
of the valid reason that holds back the Global economic development is the insufficient multiplication and organization of the physical infrastructure that provides the main features of the product`s floating, information, capitals and another sources. As a result of its functioning, infrastructure unites branches, economic complexes and economics all around the world in the process of globalization. The transportation manufacturing is the most important sphere of the Global Economic Infrastructure`s function because formation is the outcome of the intense searching of its optimal ways that can provide the economic global centers. Global community intensely deals with making an indivisible vehicle complex on the modern milestone and it uses the special disposition and potential resource of the government, at the same time providing the aggregated service operation. The opportunity of the function of the multi organized global market economies is driven by the measures of the transport systems of the different levels in the lump and its capability to be integrated in the global transport industry that will satisfy the system according to technical, informational and another frames of references. The sizeable clampdowns of the economic run up, connected with the low level of the transport system`s advance coincidently emerged in the Russian Federation. Modern business analysis and evaluation specifications of the transport system and its infrastructure are not able to contribute the resolution of the object of the inter-temporal of economic growth. The modernization of transport infrastructure in Russia and ramping up of competitive power of commodities and favors are an extensive impulse in realization of the transport strategy that predetermines the exigency of entirely using the transit potential that set in motion by the special Russian geographic location as a natural international transport corridor connecting European and Asia-Pacific regions. Nowadays, the transport combining of the country`s complex craves more effective methods of direction that must have been accompanied by the earmarked practices of the structure`s rearrangement that are based on proactive monitoring and the handling of the logistic objects Keywordsnew economic reality, global dynamic, increasing competition, international business, transformation processes, emergent strategy.
The development of logistics in the domestic economy is significantly behind this process in developed countries, both in terms of its accessibility for business entities and in terms of implemented competencies. This is largely due to the use of hierarchical forms of organization of logistics activities, which hinder the efficiency of management decisions in the field of logistics, as well as prevent rapid adaptation to dynamically changing business conditions. This situation for construction business entities is compounded by the lack of a well-established mechanism for their work in the construction market, taking into account changes in legislation on shared-equity construction, as well as the need for early reorientation from narrowfunctional construction work to solving additional consumer problems, increasing the use of technological innovations in the construction sector that change the concept of organizing business processes, relations in the coordinates of "construction firm-consumer". In this regard, it becomes necessary to rethink the approach to organizing logistics activities, which should focus on dynamic relationships between construction organizations, customers, banking structures, investors, construction industry enterprises, supply organizations and transport structures. These circumstances increase the interest in the business environment to the problems of construction logistics, the transformation of construction organizations into real logistics systems that can provide not only a significant economic, but also social effect, since the problem has a pronounced social character. This determined the relevance of the study of the problems of organizing logistics activities in construction and its purpose-the development of theoretical views on the logistics of construction in modern conditions, which will determine the scientific and methodological approaches to the process of creating logistics systems of construction organizations. As the main methods of research on the problems of construction logistics, we used both General scientific methods of knowledge, which allow us to objectively and comprehensively study the conceptual provisions of logistics activities in construction, and private methods (system and complex approaches, dialectical method of scientific knowledge, comparativeanalytical, situational analysis). The main results of the research are the clarification of the categorical logistics apparatus through the formation of methodological approaches to improving the construction management mechanism that is adequate to changing business conditions. The results can be used for research in the field of logistics management at the level of a construction company and the economy of the region.
The article is devoted to the problem of development of the construction market of residential real estate in Russia in the conditions of the crisis caused by the COVID-19 pandemic. The global coronavirus outbreak provoked one of the deepest crises since the Great Depression. Sanitary force majeure caused by COVID-19 caused not only recession of the global economy, but also of national economic systems [1]. The pandemic and related restrictive measures have also affected many areas of the domestic economy, and the real estate market was no exception. To understand how soon the development sector will be able to adapt to the new realities, it is necessary to give a forecast of the main trends that will be observed in the construction sector of Russia and specifically in the housing construction sector, as well as in related areas of the country's economy.The main results of the study include: highlighting the characteristics of the housing construction sector that have emerged on the eve of the COVID-19 pandemic crisis, under conditions of a shock period of income recovery and the outlines of possible directions of housing construction development in the near future. As a result of the study, the following conclusions were drawn: the protection of one of the systems for the reproduction of "human capital" in the face of the "pandemic effect" should be guaranteed by a housing support programme, financial assistance for specific construction projects with the transfer of a share of constructed housing to the State as security for its repayment obligations.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.