Determinants of Housing Construction in Ukraine

• Autorzy: Оlena Bochko , Nаtaliia Kosar , Nataliia Kuzo , Iryna Bilyk , Olena Zarichna
• Języki publikacji: EN

Abstrakty

EN

The work presents an analysis of the housing construction market in Ukraine. An economic and mathematic model was built to determine that the growth of the volume of housing construction in Ukraine had a positive impact on its GDP, due of a close relation between the two values. It is important to identify factors influencing the volume of housing construction. The obtained results prove that the greatest impact is made by consumer income, deposit rates in foreign currency, and the amount of consumer loans for buying, building and reconstruction of real estate assets; the numbers of marriages, investments in housing construction and interest rates for mortgage credits in UAH also have a significant impact. The elasticity coefficients reveal a positive impact of such factors as an increase of consumer income, growth of investments in housing construction, reduction of interest rates for mortgage credits and deposit rates in foreign currency, reduction of the amount of consumer loans for buying, building and reconstruction of real estate assets, and reduction of the number of marriages. Further development of the housing construction market requires appropriate conditions for the development of the banking sector in Ukraine and the growth of investments in the studied industry. (original abstract)

Słowa kluczowe

EN

Housing construction; Housing market; Banking sector; Consumer

PL

Budownictwo mieszkaniowe; Rynek mieszkaniowy; Sektor bankowy; Konsument

• Czasopismo: Real Estate Management and Valuation
• Rocznik: 2022
• Numer: vol. 30, iss. 3
• Strony: 1--11

Twórcy

autor

Оlena Bochko

• Lviv Polytechnic National University

autor

Nаtaliia Kosar

• Lviv Polytechnic National University

autor

Nataliia Kuzo

• Lviv Polytechnic National University

autor

Iryna Bilyk

• Lviv Polytechnic National University

autor

Olena Zarichna

• Uzhhorod National University

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Identyfikatory

DOI

doi.org/10.2478/remav-2022-0017