The Segmentation of the Residential Real Estate Market on the Affordability Criterion: Methodical Aspect
P A Muller, K V Chepeleva, Zh N Shmeleva
K V Chepeleva
Available Online 17 March 2020.
- https://doi.org/10.2991/aebmr.k.200312.163How to use a DOI?
- The article investigates the methodological problems of assessing the affordability of housing. Particular attention is given to the consideration of modern methods for assessing the affordability of residential real estate described in domestic and foreign literature, in official documents. The development of market segmentation methods, in accordance with the directions presented in the article, will allow to assess the real affordability of residential real estate in the studied market segments, taking into account the affordability of objects in the market and the financial possibility of their acquisition or lease. The implementation of the algorithm for improving the segmentation of the residential real estate market according to the criterion of affordability will improve the accuracy of calculations, obtain information completeness of the assessment of housing affordability for the population, which will allow to develop and evaluate the effectiveness of federal and regional housing strategies, taking into account the desired structure of the housing stock for different groups of the population. Based on the results, the territorial authorities and developers will have an understanding of the current situation in the region regarding the affordability and demand for residential premises, which in the complex will allow to more accurately allocate the target audience and for it to create and promote appropriate residential real estate, will ensure the effective development of the housing sector and the construction industry, improving the quality of life of the population.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - P A Muller AU - K V Chepeleva AU - Zh N Shmeleva PY - 2020 DA - 2020/03/17 TI - The Segmentation of the Residential Real Estate Market on the Affordability Criterion: Methodical Aspect BT - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) PB - Atlantis Press SP - 1172 EP - 1182 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200312.163 DO - https://doi.org/10.2991/aebmr.k.200312.163 ID - Muller2020 ER -