Performance evaluation of the regional housing policy implementation

Author(s):  D.I. Korolkova, Belgorod National Research University, Belgorod, Russia, Korolkova_d@bsu.edu.ru

O.A. Medvedev, Belgorod National Research University, Belgorod, Russia

Issue:  Volume 46, № 3

Rubric:  Sectoral markets and market infrastructure

Annotation:  The spatial development of region's economy is greatly defined by the residential real estate market efficiency. Currently, the housing sector is marked by a number of problems that require coordinated action of all participants in housing relations, implemented through housing policy. The authors studied the goals and objectives of strategic housing in Russia, as well as its strategic directions for the development. The applicability of conducting total evaluation of strategic housing efficiency from the point of view of its targeted indicators achievability for the preparation of the government regulations of the housing market is justified. The algorithm of housing market evaluation that allows defining the efficiency of the current strategic housing by taking into account social and economic outcomes of the implementation has been developed. The application of the suggested algorithm during the agency action of the public authorities will allow increasing the development and implementation efficiency of housing programs for construction project of affordable residential real estate.

Keywords:  regional economy, strategic housing, efficiency, evaluation, housing construction, housing market.

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