ロシアの住宅投資--都市住宅市場を中心に [in Japanese] The housing privatization in Russia [in Japanese]
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The purpose of this paper is to analyze the Russian market economy, focused on the Russian housing market. The evolution of the housing privatization in Russia is described. The results of author's analysis are the following.1.The housing privatization is developed and its share is about 80%.2.The private dynamism has improved the housing quality, particularly since 2000.3.The housing affordability has improved since 1999.4.Russian economic development let the task of housing policy change from the housing supply to the improvement of housing quality.5.The reform of the utility system has started by increasing in utility rate since 2001.6.The Russian municipal authorities should consider the renewal of the real estate value. It will promote the mobility of housing market.7.The correlation between the share of Russian housing investment and the Russian economic development draws the inverse U curve. It shows that Russia has already been the developed economy.8.The appreciation of housing price in Russia's big cities is emerging. The disparity in housing price widens among regions in Russia.
- St. Andrew's University economic and business review
St. Andrew's University economic and business review 49(2), 53-97, 2007-09