UDC 332.62
DOI: 10.51409/va2023.06.02.008

Authors

N. A. Volnov,
Project Manager, LLC “Fizir Development”, Graduate student, Synergy University, Moscow, Russia

Abstract

The purpose of the work. The real estate market is one of the key elements of the economy of the Moscow region, and, despite this, faces many problems, including insufficient housing construction, a low level of transparency in transactions, long construction permits, lack of transparency in pricing, etc. In this regard, this article presents a study of the problems of the real estate market in the Moscow region to identify the causes of their occurrence, analyze the consequences for market participants and provide recommendations for solving them. The purpose of the study is to identify factors that influence the situation in the real estate market of the Moscow region, identify problematic aspects of the functioning of the real estate market in this region and develop recommendations to improve the situation in the real estate market.
Materials and methods. Various methods were applied as part of the study, including statistical analysis, expert assessments, and surveys among real estate market participants. The analysis showed that the main problems in the real estate market in the Moscow region are insufficient housing construction, which leads to high housing prices, long construction permits, low transparency in transactions and lack of transparency in pricing. These problems can lead to an increase in social tension and a deterioration in the quality of life of the population.
Results. The results of a study of the problems of the real estate market in the Moscow region confirm the presence of a lack of residential space that does not meet the demand and requirements of the market. The inefficient system of controlling pricing and transparency of transactions in the real estate market are additional factors affecting the growth of house prices. The protracted procedures for obtaining building permits have a significant impact on the volume of housing construction and restrain the development of the real estate market in the Moscow region. It should be noted that the lack of housing for socially unprotected segments of the population in the Moscow region leads to social tension in society, because of which new social problems appear.
Conclusion. In light of the above results, it should be noted that solving the problems of the real estate market in the Moscow region requires the adoption of a set of measures, such as increasing the volume of housing construction, reducing the time for obtaining construction permits, increasing the level of transparency of transactions in the real estate market, introducing tighter control over pricing and providing affordable housing for socially unprotected segments of the population. In addition, the regulation of the real estate market should be considered in the context of ensuring sustainable development of the region.

Keywords

real estate market, Moscow region, housing construction, transaction transparency, pricing, socially unprotected segments, regulation, affordable housing, control, sustainable development.