Institutional rental housing market – new approaches and formats

Abstract

Russia needs to create an institutional, civilized commercial rental market. its practical absence today limits the territorial mobility of the population and significantly reduces the flexibility of the labor market. To accelerate the mechanisms of economic development by attracting the best specialists and retaining their own human capital, it is possible that this will make commercial rental housing available in the largest cities with full legal protection of the tenant and owner from fraud. The development of the rental market is influenced by many factors: demand and preferences from potential consumers, availability of financial resources, technical and technological capabilities, population structure, etc. All this determines the requirements for new rental housing formats and makes it necessary to develop new investment mechanisms. The article discusses the current state of the rental housing segment in Russia. Most attention is paid to the developing formats of rental housing such as apartments, coliving and retirement homes. Their characteristics, classifications and prospects for the development of construction of such projects in Russia are presented. The rental segment of the residential real estate market creates new prospects for the spatial development of cities and regions, improving the situation related to personnel problems at large enterprises and increasing the mobility of the population.