scholarly journals Digital and online technology changing the real estate market in Russia

2021 ◽  
pp. 34-88
Author(s):  
Yulia Boriskina
Keyword(s):  
Real Estate ◽  
Information Technologies ◽  
Digital Signatures ◽  
Real Estate Market ◽  
Electronic Government ◽  
The Real ◽  
The Real Estate ◽  
Online Technologies ◽  
The Real Estate Market ◽  
The Government

The real estate market has to respond quickly to all global and local changes, such as the development of digital technologies, new legislation, the COVID-19 pandemic, and shrinking demand, and each major market player reacts accordingly. The government announces a new strategy in an effort to have information technologies introduced by its official agencies and the population and establish an electronic government system. Developers launch virtual sales and 3D tours, willing to attract new buyers from distant locations, cooperate with banks and provide assistance in obtaining digital signatures. Banks offer new services by consolidating online property search engines and mortgage issuance. SberBank’s DOMclick service is described in the article in detail. Evenconservative notaries have joined the process: now they can notarize online deals and register electronic purchase and sale contracts.Online deals have several steps: choosing and visiting the property, entering into a preliminary contract and making an advance payment, performing the due diligence, preparing for the deal, having a mortgage issued and the deal registered, and now each step can be made online.Changes have affected both sales contracts and rental agreements. A leading Internet company has chosen to rent properties only from those landlords, who register rental agreements on its platform in the capacity of partners and have digital signatures to sign their electronic contracts.New services have become possible thanks to the development of new digital and online technologies, new tools appear to meet the market needs. Although some risks arise at certain stages, online technologies have been successfully adopted by the real estate market.

scholarly journals Price Bubbles in the Real Estate Markets - Analysis and Prediction

2022 ◽  
Vol 19 ◽  
pp. 292-303
Author(s):  
Paweł Dec ◽  
Gabriel Główka ◽  
Piotr Masiukiewicz
Keyword(s):  
Real Estate ◽  
Predictive Analytics ◽  
Real Estate Market ◽  
Point Of View ◽  
Subprime Crisis ◽  
The Real ◽  
The Real Estate ◽  
Price Bubbles ◽  
The Real Estate Market ◽  
The Government

The article concerns the issue of price bubbles on the markets, with particular emphasis on the specificity of the real estate market. Up till now, more than a decade after the subprime crisis, there is no accurate enough method to predict price movements, their culmination and, eventually, the burst of price and speculative bubbles on the markets. Hence, the main goal of the article is to present the possibility of early detection of price bubbles and their consequences from the point of view of the surveyed managers. The following research hypothesis was verified: price bubbles on the real estate market cannot be excluded, therefore constant monitoring and predictive analytics of this market are needed. In addition to standard research methods (desk research or statistical analysis), the authors conducted their own survey on a group of randomly selected managers from Portugal and Poland in the context of their attitude to crises and price bubbles. The obtained results allowed us to conclude that managers in both analysed countries are different relating the effects of price bubbles to the activities of their own companies but are similar (about 40% of respondents) expecting quick detection and deactivation of emerging bubbles by the government or by central bank. Nearly 40% of Polish and Portuguese managers claimed that the consequences of crises must include an increased responsibility of managers for their decisions, especially those leading to failures.

scholarly journals Possible Focus Areas of Government Regulation of the Real Estate Market

2018 ◽  
Vol 28 (3) ◽  
pp. 508-516 ◽  
Author(s):  
Boris Bedin
Keyword(s):  
Real Estate ◽  
Government Regulation ◽  
Real Estate Market ◽  
The State ◽  
Residential Real Estate ◽  
The Real ◽  
The Real Estate ◽  
Meaningful Participation ◽  
The Real Estate Market ◽  
The Government

The housing problem is relevant for many countries, including Russia. The solution of this problem is impossible without active and meaningful participation by the state. The residential real estate market has specific characteristics that significantly distinguish it from other markets. The article highlights the features of the residential real estate market as an object of government regulation. The author describes specific features of the government as a subject of management of the residential real estate market, substantiates rationale for the active participation of the state in the management of the real estate market, and outlines possible directions of government regulation of the residential real estate market. The author also describes the Russian experience of implementing certain measures in the framework of direct and indirect forms of government regulation of the residential real estate market as well as the results of such events.

scholarly journals Analysis on the Regulatory Effect of Financial Policies on China’s Real Estate Market

2020 ◽  
Vol 5 (3) ◽  
pp. 197
Author(s):  
Haisheng Hu
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Regulatory Effect ◽  
Financial Policies ◽  
Control Policies ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
The Government ◽  
Stable Development

<p>To deal with the negative problems emerged in the rapidly developing real estate market in the recent years, the government of China has put forward some corresponding financial policies, which aimes to regulate the real estate market macroscopically. Based on this, this article analyzes the regulatory effect of financial policies on the real estate market. Starting with the necessity of macro-control policies and combining with the actual conditions, it expounds the financial policies adopted in China in recent years and the achieved results. Meanwhile, this article puts forward some specific strategies to strengthen the regulatory effect in order to promote the stable development of the real estate market.</p>

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