BUSINESS INFORM №6-2014

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26

Section: Economics of Construction
UDC 336.77: 365.262.1
Shtondenko K. V.
Role of the Accumulative Mechanisms in Funding of Housing Projects (p. 160 - 163)
The purpose of the article is to study the effect of accumulation mechanisms on the dynamics of the construction sector in the post-crisis period. While analyzing the reaction of Eastern European countries to the global financial crisis it was concluded that there is a feasibility of implementing the mechanism of housing savings in the practice of housing financing. The list of mechanisms to improve the purchasing power of consumers was defined, and the potential impact of each of them was analyzed. The socio-economic objectives were determined, the achievement of which will contribute to the support system of housing savings of the state. The estimation of the possible economic effects of savings mobilization of Ukrainian citizens in the construction sector was made. The problem of introduction of the system of housing savings in the absence of state support and the issues of forming an effective mechanism to attract investment resources require further study. Experience of the housing co-operatives in Russia 1992 – 2003 requires special attention of our scientists.
Keywords: Construction savings bank, housing savings, mortgages, housing, housing finance mechanisms
Tabl.: 1. Bibl.: 9.

Shtondenko Kostiantyn V. – Postgraduate Student, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]

Article is written in Ukrainan
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Reference to this article:
Shtondenko, Kostiantyn V. (2014) “Role of the Accumulative Mechanisms in Funding of Housing Projects.” Business Inform 6:160–163.

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