FACTORS INFLUENCING THE DEVELOPMENT AND IMPROVEMENT OF LEGAL INFRASTRUCTURE IN THE REAL ESTATE MARKET SERVICES SECTOR

UDC 347.1/.9:332.87:334.02
DOI: 10.36871/ek.up.p.r.2025.05.09.007

Authors

Vladimir Yu. Malkin,
Anastasia A. Shilnikova,
State University named after Vladimir Dal, Lugansk, Russia

Abstract

The article discusses multilevel classifications of influencing factors (national, regional, and local levels), with an emphasis on legal infrastructure as a key element of ensuring stability and investment attractiveness. Special attention is paid to the situation in the Donetsk People’s Republic, where military operations, destroyed infrastructure and limited access to mortgages significantly complicate the development of the market. Based on the systematization and quantification of factors, a graphical model is proposed that reflects the hierarchy and interrelation of determinants that determine the effective functioning of the real estate sector in conditions of instability.

Keywords

real estate market, service sector, legal infrastructure, regional policy, investment attractiveness, geopolitical factors, Donetsk People’s Republic