Abstract

In the context of economic downturn, Russian households seek to preserve their
 savings by investing them on local housing market. The research shows
 a decrease in the newly-built apartment’s average size that leads to the suggestion
 that apartment purchases on Russian housing market are in many cases
 investments by their nature. On the example of the Tomsk primary housing
 market, we reveal that small-sized apartments as an investment medium has
 sufficiently high quality characteristics which ensures their liquidity. The
 availability of investments is guaranteed by reducing the size of an apartment.

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