LAND MARKET: PROSPECTS OF DEVELOPMENT AND FEATURES OF PRICING

Abstract

The article examines the prospects for the development of the land market and its features. It is substantiated that the need to solve the issue of rational use of agricultural lands is the basis for developing a strategy for the development of territories and united territorial communities. It has been proven that the basis of reforming in the field of land relations and the formation of an effective land market are two fundamental provisions: ensuring the proper level and quality of life of the population; support for social justice. Attention is focused on the fact that the potential of the national land fund determines opportunities and creates significant prospects, gives competitive advantages at the international level. These potential opportunities can be realized only if an effective model of property relations is developed and implemented, which provides for the balancing of the interests of land market participants and determines the place of Ukraine as a state with a stable competitive position on the world market based on rational nature management and effective use of resources in general. It is substantiated that there are little opportunities for buying and selling land resources, which can be determined by the following factors: lack of financial opportunities in the vast majority of the population, that is, a small level of ability to pay for the purchase of land; a number of issues in the field of land relations remain unsettled and unclear; insignificant level of market infrastructure development; opacity of the pricing mechanism for land resources; unwillingness of the rural population to join the processes of buying and selling land; the presence of risks related to the process of buying and selling land, etc. It was determined that the basis of reforming in the field of land relations and the formation of an effective land market are two fundamental provisions: ensuring the proper level and quality of life of the population; support for social justice. Attention is focused on the fact that the vast majority of economic sectors are related to rational land use, which determines the importance of proper coordination and regulation of the land market.