THE ROLE OF THE STATE IN THE REAL ESTATE MARKET IN RUSSIA

PurposeThe paper aims to investigate the relationship between different investor attention proxies for different types of funds (retail vs institutional ones) looking at a sample of real estate funds.Design/methodology/approachThe authors collect data about searching frequency on Google and all the news published in Italian specialized newspapers for a set of real estate funds. Following the approach proposed by Da, Engelberg and Gao, the authors construct a set of attention proxies and they compare the ranking with some summary statistics and evaluate the causality relationship among them using a Granger causality test.FindingsResults demonstrate that online search frequency is relevant for both institutional and retail funds and normally internet data are able to anticipate the news that will be published in the newspapers.Research limitations/implicationsThe analysis proposed is focused only on a small real estate market (Italy) where funds are specialized for the type of investor. A wider database can allow excluding that results achieved are biased by the specific features of the market analysed.Practical implicationsThe role of internet proxies attention measures also for institutional investors demonstrate that the managing companies offering financial instruments reserved to institutional investors should consider both channels of information – newspapers and the internet – to measure any positive or negative sign of investor attention to their products.Originality/valueThe article represents the first analysis of investor attention proxies on the real estate market and the first comparison of investor attention proxies for retail and institutional investors.

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RISK OF INNOVATIVE ACTIVITY ON THE REAL ESTATE MARKET

Zeszyty Naukowe Wyższej Szkoły Humanitas Zarządzanie ◽

10.5604/01.3001.0013.2416 ◽

2019 ◽

Vol 20 (1) ◽

pp. 9-20

Author(s):

Marcin Sitek

Keyword(s):

Real Estate ◽

Real Estate Market ◽

Innovative Activity ◽

Sources Of Information ◽

The Real ◽

The Real Estate ◽

Secondary Sources ◽

The Real Estate Market ◽

Implementation Of Innovations

The paper presents the risk of innovative activities in the real estate market. The aim of the paper is analysis of the investment risks within services in this market. It postulated that the risk connected with implementation of innovations in the real estate market is especially critical to this market. Secondary sources of information regarding the innovative activity on the real estate market and related risks were used to achieve the work objective, and obtained as part of the project “Support for monitoring cohesion policy ...”, furthermore results connected in the European Innovation Scoreboard 2016 and the results presented by McKinsey &Company derived from the survey of 100 biggest companies in Poland. Analysis of the results obtained in the study supported the thesis concerning the important role of the risk of innovative activities in the real estate market, which is little transparent in Poland and characterized by substantial variability of conditions.

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Possible Focus Areas of Government Regulation of the Real Estate Market

Известия Байкальского государственного университета ◽

10.17150/2500-2759.2018.28(3).508-516 ◽

2018 ◽

Vol 28 (3) ◽

pp. 508-516 ◽

Cited By ~ 4

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.

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The State and Development of the Real Estate Market

Lecture Notes in Networks and Systems - Growth Poles of the Global Economy: Emergence, Changes and Future Perspectives ◽

10.1007/978-3-030-15160-7_9 ◽

2019 ◽

pp. 97-107

Author(s):

Innara R. Lyapina ◽

Svetlana A. Orlova ◽

Elena E. Semenova ◽

Maria A. Stepanova

Keyword(s):

Real Estate ◽

Real Estate Market ◽

The State ◽

The Real ◽

The Real Estate ◽

The Real Estate Market

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ON THE ISSUE OF IMPROVING THE REGULATION OF THE REAL ESTATE MARKET IN THE RUSSIAN FEDERATION

Нотариус ◽

10.18572/1813-1204-2020-8-28-32 ◽

2020 ◽

Vol 8 ◽

pp. 28-32

Author(s):

Maksim V. Demchenko ◽

Keyword(s):

Real Estate ◽

Scientific Work ◽

Real Estate Market ◽

The Real ◽

The Real Estate ◽

Judicial Practice ◽

The Real Estate Market ◽

The Russian Federation ◽

State Registration

The purpose of writing a scientific work is to study the regulation of the real estate market, the role of the notary in ensuring the protection of the rights of participants in civil turnover and the formation of proposals to expand the powers of the notary to certify real estate transactions. Examining the dynamics of litigation in relation to real estate objects, it is stated that a significant number of them, undoubtedly, arise due to the functioning of various kinds of fraudulent schemes when making the transactions in question. It is noted that in recent years, fraudulent schemes for the unauthorized use of electronic digital signatures for processing transactions have become widespread in the real estate market. Based on the analysis of judicial practice in cases of challenging registered rights to real estate, on invalidating contracts for the sale of residential premises, it was concluded that state registration cannot fully provide for cases of unfair actions in the field of real estate turnover. The best option to ensure the interests of the owners of rights to real estate when concluding transactions with it is notarization of the transaction. For this reason, the paper concludes that it is advisable to diversify the range of transactions, the notarization of which is most appropriate in modern conditions.

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Real estate market in the time of pandemic: current trends and projections

Тренды и управление ◽

10.7256/2454-0730.2021.1.33906 ◽

2021 ◽

pp. 51-62

Author(s):

Irina Alekseevna Korostelkina ◽

Nadezhda Vladimirovna Voronkova

Keyword(s):

Real Estate ◽

The United States ◽

Real Estate Market ◽

Mortgage Lending ◽

The State ◽

The Real ◽

The Real Estate ◽

Expert Opinions ◽

The Real Estate Market ◽

The Impact

The object of this research is the real estate market, while the subject of is the socioeconomic relations between all actors of the real estate market established in the context of implementation of restrictive measures due to COVID-19 pandemic. The authors examine the key theoretical aspects of the real estate market, analyze the dynamics in the housing (including premium segment), commercial, office and other property; make projections and align expert opinions on long-term development associated with the COVID-19 pandemic. Emphasis is placed on the impact of changes in mortgage lending with a lower interest rate under the State Support 2020 program development for the development of new-build property market. The following conclusions were made: paradoxicalness of the development of real estate market during the COVID-19 pandemic, in which the obvious negative factors did not lead to a drop in property prices; ambiguity of forecasts for the development of real estate market after the coronavirus pandemic, considering its consequences; situation on the real estate market of China, Hong Kong, and the United States during the coronavirus pandemic indicate similar development scenarios, while the premium segment prices differ significantly. The authors’ special contribution consists in aligning various expert opinions and assessments on the particular elements of real estate market (reinforced by the statistical data of different countries), and formulating a general conclusion on the state of this economic segment under the current conditions of pandemic.

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Role of the Real Estate Market in the Expansion of Housing and in the Municipal Budget of Olsztyn

Annales Universitatis Mariae Curie-Sklodowska sectio B – Geographia Geologia Mineralogia et Petrographia ◽

10.17951/b.2019.74.0.205-216 ◽

2019 ◽

Vol 74 ◽

pp. 205

Author(s):

Jarosław Świdyński

Keyword(s):

Real Estate ◽

Real Estate Market ◽

Google Earth ◽

The Real ◽

The Real Estate ◽

The Real Estate Market

<p>W artykule opisano wpływ rynku nieruchomości na rozwój zabudowy i budżet Olsztyna. Celem było pokazanie, jak duży wpływ na dochody budżetowe mają opłaty i podatki powiązane z gospodarką nieruchomościami oraz w jaki sposób rozwijający się rynek nieruchomości oddziałuje na decyzje związane z powstawaniem nowej zabudowy. Badania zostały oparte o dane statystyczne z lat 2009–2017 udostępniane przez Główny Urząd Statystyczny i Urząd Miasta oraz o fotomapę Google Earth. Zebrane dane poddano analizie i obróbce statystycznej, a uzyskane wyniki zaprezentowano w formie rysunków i tabel. Z przeprowadzonych badań wynika, że szybko rozwijający się rynek nieruchomości warunkuje powstawanie nowych inwestycji mieszkaniowych, a te z kolei pozytywnie oddziałują na stan budżetu miasta.</p>

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