The Housing Crisis in Russia and Reasons for its Emergence

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Author	Ulyanova Olga
ISSN	2225-7217
On Pages	266-271
Volume No.	2
Issue No.	3
Issue Date	June 01, 2020
Publishing Date	June 01, 2020
Keywords	housing sector, business cycle, housing market, housing crisis, state regulation, institutes, Russia, the Volgograd region

Abstract

The following article presents theories of recurrence of business activities in the housing and investigates the Russian housing markets. Using institutional and neoclassical methodology and provides insight into the reasons for its emergence by the means of principles of economic and institutional factors which prevail in the Russian regions. It finally reveals the influence of a housing crisis on efficiency of the functioning of a regional economy.

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