Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)

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Regional housing market in Russia: analysis of dependencies between indicators of migration, construction volume and housing affordability

Authors
Andrey Klypin, Sergey Vyunov
Corresponding Author
Andrey Klypin
Available Online May 2018.
DOI
10.2991/cssdre-18.2018.111How to use a DOI?
Keywords
housing affordability, housing market, migration outflow, regional economic development
Abstract

The article deals with the correlation between the migration level, construction volume, salary level and the price per square meter of housing in the regions of Russia. To conduct the study the authors selected 46 Russian regions based on the level of GDP. Factors, affecting the net migration rate, as well as preferable destination points are determined. The housing affordability index, reflecting the comparability between the housing price and the average salary level, is calculated for each region. Housing affordability is identified as high for Ural and Far East Federal districts. Average values of the index are noted for the Southern, Volga and Central Federal districts, while cities of federal importance fall to the group of outsiders. Dependence of share of migrants in total region population on the amount of housing put in operation is stated. In the end of the paper measures of construction industry development and state regulation, aiming to reduce the regional problem of housing affordability, are proposed.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2018
ISBN
10.2991/cssdre-18.2018.111
ISSN
2352-5428
DOI
10.2991/cssdre-18.2018.111How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Andrey Klypin
AU  - Sergey Vyunov
PY  - 2018/05
DA  - 2018/05
TI  - Regional housing market in Russia: analysis of dependencies between indicators of migration, construction volume and housing affordability
BT  - Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
PB  - Atlantis Press
SP  - 538
EP  - 542
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-18.2018.111
DO  - 10.2991/cssdre-18.2018.111
ID  - Klypin2018/05
ER  -