scholarly journals EUROPEAN EXPERIENCE OF SOCIAL HOUSING FUNDING AS A TOOL FOR UKRAINIAN CITIES SUSTAINABLE DEVELOPMENT

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
K. Illyashenko ◽  
T. Illyashenko ◽  
O. Tovstukha

The issue of ensuring adequate living conditions is particularly relevant for the 1 billion people worldwide living in densely populated urban areas, in informal settlements and slums. This problem does not lose its relevance for the cities of Ukraine, which have 1.3 million families in need of better living conditions. This, without exaggeration, threatening situation emphasizes the relevance of this study and requires immediate action by public authorities and local governments to develop and immediately implement effective tools for social protection of urban residents, which due to difficult life circumstances need to improve their housing standards. The search for ways out of the crisis in the field of government housing policy begins with an analysis of the preconditions and reasons for the failure of most national government programs and projects in this area. It is the results of such an analysis that allowed the authors of the study to determine the directions of further scientific research. Today there is a real need for systematization and analysis of modern international experience in this area in order to clarify possible problems and prospects for its implementation in Ukraine. It would be extremely useful for public authorities that take care of social protection of the population and for local governments to study the best practices of European countries in this area. The model according to which the needy would receive social housing not in property, but rented on preferential terms is considered to be unequivocally promising for us. This would, firstly, allow the social service operator to successfully maneuver in the real estate market and take advantage of the favorable situation in the real estate market, selling social housing at the peak of the cycle and investing in it in decline, and, secondly, would create powerful incentives for self-overcoming life difficulties by recipients of such services. The authors proposed a scheme of organization and interaction of effective market mechanisms and instruments, in particular Asset management companies’ operations with derivatives during the implementation of state housing policy can radically solve the problems that have accumulated over the years.

Land ◽  
2021 ◽  
Vol 10 (12) ◽  
pp. 1283
Author(s):  
Weiwei Li ◽  
Lisheng Weng ◽  
Kaixu Zhao ◽  
Sidong Zhao ◽  
Ping Zhang

Inventory management not only determines the health of the real estate market development, but also affects the regional economy and the capacity of sustainable social development. In this paper we use the DPSIR framework to integrate multi-dimensional influence factors, such as economic, social, and environmental factors, to construct a real estate inventory management performance evaluation and obstacle diagnosis model, and conduct an empirical study on 31 Chinese provinces and cities. The results show that: first, China’s real estate inventory is huge in size, with significant spatial heterogeneity and agglomeration; second, China’s real estate inventory management performance is unsatisfactory and still shows no improvement despite the strong policy intervention of the central and local governments; third, the obstacle factors of real estate inventory management are becoming increasingly diversified and complicated, with great differences among provinces—significantly, Profits of Real Estate Enterprises, Disposable Income of Urban Residents, Financial Revenue, Per Capital GDP, Resident Population, Gross Domestic Product, Total Retail Sales of Social Consumer Goods, Financial Expense, and Loans Balance of Financial Institutes are critical obstacle factors; and fourth, it is suggested that, on the basis of mastering the actual conditions of supply and demand in the real estate market, differentiated and precise response strategies should be formulated by integrating near-term and long-term goals, direct and indirect forces, and administrative and market instruments.


Sign in / Sign up

Export Citation Format

Share Document