Rental Housing in Russia: Background, Problems and Development Prospects

Abstract

The main provisions of the Strategy for the Development of the Housing Sphere of the Russian Federation until 2025, which radically changed the state's ap-proach to the mechanism of providing the Russian population with affordable housing, are analyzed. It is noted that along with the traditional mechanism of providing the population with affordable housing through the mechanism of mortgage lending, an alternative mechanism is introduced -the provision of rental housing through a commercial and non-commercial format. The analysis of the legal framework of rental relations (employment relations) in the housing sector indicates the absence of a unified approach to the use of basic concepts (rent, hire, commercial rent) in relation to the problem under consideration. The author analyzes the historical and global experience in solving the housing problem for people with low incomes who are unable to improve their living conditions with the help of a loan secured by the acquired property. Based on the analysis of statistical data, the prerequisites for the formation of a civilized rental housing market in Russia and the Irkutsk region are considered and the main development trends are identified.