Published in «Russian Journal of Housing Research»1 / 2019
DOI: 10.18334/zhs.6.1.40590

The impact of demographics on the price of the primary property

Sirotkin Viktor Anatolevich, Ural Federal University named after the first President of Russia B.N.Yeltsin, Russia

Skorin Aleksandr Valentinovich, Development company LLC "Former", Russia

Romanova Alyona Eduardovna, Ural Federal University named after the first President of Russia B.N.Yeltsin, Russia

Влияние демографии на формирование цены первичной недвижимости - View in Russian

 Download PDF | Downoads: 49

Abstract:
The real estate market is a mechanism by which rights and interests are connected, real estate prices are set. This article deals with the problem of changing the generation of buyers, as one of the main problems of the primary real estate market. On the basis of the analyzed factors that have a significant impact on the formation of housing prices in the primary market, the causal relationship of this problem is revealed. The authors analyzed the changes in demographic indicators and their impact on the residential real estate market. The demand for residential real estate depends on the general laws of the functioning of the market economy and is expressed as follows: the increase in demand causes a rise in prices, and its absence affects their decline. The interrelation of supply and demand is revealed. The main consumers of the primary real estate market and their consumer preferences are also considered.

Keywords:

"Demographic echo", construction, demography, developer, factors, housing market, pricing, primary real estate market, residential real estate

JEL-Classification: R31, R38, R39

Citation:
Sirotkin V.A., Skorin A.V., Romanova A.E. (2019). The impact of demographics on the price of the primary property [Vliyanie demografii na formirovanie tseny pervichnoy nedvizhimosti]. Russian Journal of Housing Research, 6(1). (in Russian). – doi: 10.18334/zhs.6.1.40590.


References (transliterated):
Anderson K. (2015). Besplatnoe. Buduschee radikalnyh tsen [Free. The future of a radical price] M.: BestBusinessBooks. (in Russian).
Andreeva T.V. (2016). Tsepochka sozdaniya stoimosti produkta. Formirovanie i otsenka effektivnosti [The value chain of the product. The formation and performance evaluation] M.: Infra-M, RIOR. (in Russian).
Anisimova N.A., Okuneva T.V. (2018). Osobennosti primeneniya marketinga v otraslyakh i sferakh deyatelnosti [Features of application of marketing in branches and spheres of activity]. Innovatsii, tekhnologii i biznes. Voronezhskiy gosudarstvennyy tekhnicheskiy universitet. (1(4)). 5-9. (in Russian).
Anisimova N.A., Smotrova T.I., Solgalov A.V. (2018). Finansirovanie marketingovyh programm zastroyschika zhilya [Financing of marketing programs of the builder of housing]. Ekonomika v investitsionno- stroitelnom komplekse i ZhKKh. (1(15)). 18-23. (in Russian).
Buzyrev V.V., Suvorova A.P., Ammosova N.M. (2015). Osnovy tsenoobrazovaniya i smetnogo normirovaniya v stroitelstve [The basics of pricing and budget normalization in construction] M.: Feniks. (in Russian).
Bystrov A.V. (2005). Nedvizhimost. Prakticheskaya entsiklopediya [Real estate. The practical encyclopedia] M.: GrossMedia. (in Russian).
Deyli D. (2004). Effektivnoe tsenoobrazovanie - osnova konkurentnogo preimuschestva [Effective pricing - based competitive advantages] M.: Izdatelskiy dom"Vilyams". (in Russian).
Dolan R.Dzh,. Saymon G. (2005). Effektivnoe tsenoobrazovanie [Effective pricing] M.: Izd-vo"Ekzamen". (in Russian).
Fridman Dzh., Orduey N. (1995). Analiz i otsenka prinosyaschey dokhod nedvizhimosti [Analysis and evaluation of income-generating real estate] M.. (in Russian).
Gareev I.F. (2018). Zhilischnye issledovaniya v Rossiyskoy Federatsii: sostoyanie, tseli, instituty [Housing research in the Russian Federation: condition, aims, institutions]. Russian Journal of Housing Research. 5 (2). 211-238. (in Russian). doi: 10.18334/zhs.5.2.39550.
Golubkov E.P. (1998). Marketingovye issledovaniya: teoriya, metodologiya i praktika [Marketing researches: theory, methodology and practice] M.: Izdatelstvo«Finpress». (in Russian).
Ketels C. (2003). Clusters and Cluster Initiatives Center for Strategy and Competitiveness. The cluster Initiatives Greenbook Stockholm: Bromma tryck AB.
Lavrinenko Ya.B., Sukhova V.E., Shishkina L.A. (2014). Organizatsiya rezultativnogo marketinga v agentstvakh nedvizhimosti [Organization of effective marketing in the real estate agencies]. Modern economy: problems and solutions. (10(58)). 145-153. (in Russian).
Manukhina L.A. (2013). Ob investitsionnoy zhilischnoy politike, napravlennoy na uvelichenie kolichestvennyh i kachestvennyh parametrov zhilischnoy obespechennosti naseleniya [Investment housing policy at increasing the quantity and quality of public housing provision]. Real estate: economics, management. (1). 58-60. (in Russian).
Mokronosov A.G., Pridvizhkin S.V., Skorin A.V. (2011). Razmer bogatstva domokhozyaystv kak faktor formirovaniya platezhesposobnosti na rynke individualnoy zhiloy nedvizhimosti [The size of wealth of households as a factor of formation of solvency in the market of individual residential property]. Izv. UrGEU. (6(38)). 105-111. (in Russian).
Mokronosov A.G., Skorin A.V. (2013). Dzhentrifikatsiya kak faktor razvitiya rynka individualnoy zhiloy nedvizhimosti krupneyshego goroda [Gentrification as a Factor of Individual Residential Real Estate Market Development in a Large City]. Journal of the Ural State University of Economics. 46 (2). 96-104. (in Russian).
Nikishina O.V., Morgunova T.A. (2016). Otsenka investitsionnoy privlekatelnosti obektov nedvizhimosti [Assessment of investment attractiveness of real estate objects]. Scientific journal «Izvestiya vuzov. Investitsii. Stroitelstvo. Nedvizhimost» (Proceedings of Universities. Investment. Construction. Real estate). (2(17)). 80-86. (in Russian).
Popov V.G., Anisimova N.A., Smotrova T.I. (2017). Planirovanie i otsenka effektivnosti meropriyatiy po reklame i prodvizheniyu na rynke zhiloy nedvizhimosti [Planning and assessment of efficiency of actions for advertising and promotion in the market of the residential real estate]. Modern economy: problems and solutions. (2(86)). 96-106. (in Russian). doi: 10.17308/meps.2017.02/1593 .
Sirotkin V.A. (2016). Klasterizatsiya regionalnogo rynka nedvizhimosti na primere Sverdlovskoy oblasti [Clustering the regional real estate market on the example of Sverdlovsk region]. Russian Journal of Housing Research. 3 (3). 163-178. (in Russian). doi: 10.18334/zhs.3.3.36509.
Sternik G. M., Sternik S.G. (2013). Metodologiya prognozirovaniya rossiyskogo rynka nedvizhimosti [Methodology of predicting the russian real estate market]. Mechanization of construction. (8(830)). 53-63. (in Russian).
Sternik G.M., Sternik S.G. (2008). Osnovnaya zakonomernost razvivayuschikhsya rynkov nedvizhimosti [The basic pattern emerging real estate markets]. National projects (Natsional'nyye proyekty). (5). 92-95. (in Russian).
Sternik G.M., Sternik S.G. (2018). Faktory i trendy razvitiya rossiyskogo rynka mnogokvartirnogo zhilya po itogam 2017 goda [Factors and trends of development of Russian market of apartment housing the end of 2017]. Russian Journal of Housing Research. 5 (3). 251-304. (in Russian). doi: 10.18334/zhs.5.3.39564.
Tyrtyshov Yu.P. (2004). Problemy formirovaniya rynka dostupnogo zhilya v Rossiyskoy Federatsii [Problems of formation of market of accessible housing in the Russian Federation]. Economy of construction. (11). 2-13. (in Russian).
Ulina O.S., Kazakov A.A. (2014). Osobennosti marketinga na rynke nedvizhimosti [Features of marketing in the real estate market]. Economy and society (Ekonomika i socium). (1-2(10)). 915-919. (in Russian).
Vandeskrik K. (2010). Demograficheskiy analiz [Demographic analysis] M.: AST. (in Russian).
Vinogradova D.I. (2015). Faktory, vliyayuschie na ekonomicheskuyu effektivnost i investitsionnuyu privlekatelnost obektov nedvizhimosti [Factors affecting the economic efficiency and investment attractiveness of real estate objects]. Science Almanac. (7(9)). 72-74. (in Russian). doi: 10.17117/na.2015.07.072 .
Avtonomov V.S. Kak rabotaet rynok: spros i predlozhenieBibliotekar. (in Russian). Retrieved from http://www.bibliotekar.ru/biznes-63/4.htm
Edinyy Reestr Zastroyschikov. (in Russian). Retrieved from https://erzrf.ru
Marenkov N. Elastichnosty sprosa i posledstviya ee nedootsenkiInventech.ru. (in Russian). Retrieved from http://www.inventech.ru/lib/cost/cost-0009
Ryabyh D. Sravnitelnyy analiz razvitiya rynkov: otsenka, analiz i prognozirovanie sprosa i predlozheniya, tsen i ikh dinamikiMarketing. (in Russian). Retrieved from http://www.marketing.spb.ru/lib-mm/mibif/6/ls3_1.htm
Federalnaya sluzhba gosudarstvennoy statistiki. (in Russian). Retrieved from http://www.gks.ru