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Economic Analysis: Theory and Practice
 

Economic and institutional nature of housing crisis and its causes

Vol. 11, Iss. 27, JULY 2012

Available online: 17 July 2012

Subject Heading: THEORY OF ECONOMIC ANALYSIS

JEL Classification: 

Uljanova О.U. Doctor of Economic Sciences, Professor of department "Economic Theory and Economic Policy", the Volgograd State Architectural and Civil Engineering University
olga_uljanova@mail.ru

In the article the theories of recurrence of business activity in housing sector are presented, recurrence of the Russian market of housing is investigated. The essence of housing crises and the reason of their emergence with use of principles of neoclassical and institutional methodology are studied. Economic and institutional factors which promoted deepening of housing crisis in the Russian regions are defined.

Keywords: housing sector, urban, market crisis, government regulation, institute, Volgograd region

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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