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Recession in the Market of Residential Construction and Real Estate in Russia

Author

Listed:
  • Sternik, G.

    (Plekhanov Russian Academy of Economics, Moscow, Russia)

Abstract

The paper gives quantitative evaluations, on the base of official statistics and author's personal research, of changes in the Russian market of residential construction between autumn of 2008 and summer of 2009. We present a more detailed account of residential construction in Moscow and Rostov-on-Don in May, 2009.

Suggested Citation

  • Sternik, G., 2009. "Recession in the Market of Residential Construction and Real Estate in Russia," Journal of the New Economic Association, New Economic Association, issue 3-4, pages 185-207.
    • Handle: RePEc:nea:journl:y:2009:i:3-4:p:185-207
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    File URL: http://www.econorus.org/repec/journl/2009-3-4-185-207r.pdf
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    References listed on IDEAS

    as
    1. V. Polterovich., 2009. "The Innovation Pause Hypothesis and the Strategy of Modernization," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Stolbov, M., 2012. "Financial Accelerator Theory and the Russian Mortgage Market," Journal of the New Economic Association, New Economic Association, vol. 13(1), pages 79-98.

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    More about this item

    Keywords

    Market of residential construction; construction periods; speed of construction; speed of putting into operation; categories of project quality; frozen construction projects;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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