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Regional Economics: Theory and Practice
 

The use of mechanism of closed property unit fund in housing construction financing in the Republic of Tatarstan

Vol. 7, Iss. 19, JULY 2009

Available online: 14 October 2009

Subject Heading: Region finance

JEL Classification: 

Faizullin I.E. associate professor, Kazan state university of architecture and engineering
Faizullin@tigp.ru

Gareyev I.F. Prof.of Econ.Sci., senior lecturer, Kazan state university of architecture and engineering
igareev@mail.ru

Nowadays housing construction is considered to be the base of socio-economic prosperity of the region. The main source of financing is budgetary funds. But their limitedness alongside with the population insolvency will keep low dynamics of housing construction. The use of mechanism of closed property unit fund helps to accumulate considerable means. For effective means accumulation in housing construction financing it is necessary to reorientate management property funds strategy to market affordability for the population.

Keywords: house, financing, investments, funds, realty, building

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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