Open AccessGentrification: causes and consequences for the regional housing market in Russia
Author(s) -
Evgeniya Yurievna Gorbachevskaya
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/667/1/012027
Subject(s) - gentrification , real estate , politics , renting , residential real estate , rental housing , economics , economic system , market economy , economic geography , business , economic growth , political science , law , finance
Many researchers deal with the rental housing market in Russia. All of them consider organizational and economic mechanisms of its development. The present article discusses the need to study social aspects of the real estate market for its deeper understanding and formation of effective development mechanisms. Particular attention is paid to gentrification caused by changes in the economic and political situation and causing changes in the social structure which modify the residential real estate market and its individual segments. The article studies the nature of gentrification and its consequences. The article emphasizes the need for studying economic and social laws of the real estate market.