The Land Plots Market and Housing Mortgage Lending in Russia in 2012

Georgy Zadonsky

Published Papers from Gaidar Institute for Economic Policy

Abstract: According to the RF Federal Service for State Registration, Cadastre and Cartography (Rosreestr), the land area in the ownership of RF individuals continues to decrease. As of 1 January 2012, it amounted to 119.6 million hectares (m ha) (7% of the total land surface) vs. 121.4 m ha (7.1%) in 2011 (Table 15). By contrast, the land area in state or municipal ownership and in the ownership of legal entities is on the rise. Over the course of last year, the area of land plots in the ownership of legal entities increased by 1.5 m ha, to 13.5 m ha, or to 0.8% of the total land surface, which represented a 0.3 pp. increase on 2009. In the main, these changes resulted from transfers of the ownership of participatory shares in the right of common ownership to land plots of agricultural designation.

Keywords: Russian economy; land market; housing prices (search for similar items in EconPapers)
JEL-codes: G21 K11 L74 L85 R14 R21 R31 R52 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2013, Revised 2013
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https://www.iep.ru/files/RePEc/gai/ppaper/158Zadonsky.pdf Revised version, 2013 (application/pdf)

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