Volume 11 - Volume 11
Economic Criteria for Cities’ Readiness for the Renovation Program
Abstract
There are a number of issues that are relevant and high priority for many large cities around the
world. Among them are the following: renovation of the housing stock and ensuring the
development of residential areas, creating favorable living conditions for citizens and increasing
housing supply to better serve unmet demand (housing per capita).
The program of housing stock renovation in large cities should be developed based on individual
scenarios. To ensure the effective implementation of such a program for each region (city), in each
case there need to be developed a model that takes into account such major factors as features of
the regional economy, the structure of the existing housing system, and other specifics of the current
situation in a local market.
In this article, the authors define the main indicators that reflect the economic readiness of the city
for a renovation program.
Paper Details
PaperID: 1755
Author's Name: Leonid V. Kievskiy, Ilya L. Kievskiy and Anastasia A. Sergeeva
Volume: Volume 11
Issues: Volume 11
Keywords: Housing Stock Renovation Program, Real Estate Market, Economic Readiness for Renovation.
Year: 2021
Month: April
Pages: 1269-1283