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State of development of housing construction in the conditions of war

Journal: Bulletin of Postgraduate education: collection of scientific papers. Series "Social and Behavioral Sciences; Management and Administration" (psychological, economy, public administration). Category «B» (Vol.25, No. 54)

Publication Date:

Authors : ;

Page : 191-207

Keywords : housing construction; state aid; PESTLE analysis; mortgage lending; full-scale war;

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Abstract

Housing construction is the most important indicator reflecting the current state and problems of the country's economy as a whole. Studying the reaction of this field of construction to crisis phenomena in the state as a result of a full-scale war and the development of mechanisms of state regulation are urgent tasks, as they can minimize or prevent the development of crisis trends in the real estate market in modern conditions. The paper presents an analysis of the external environment of housing construction in Ukraine during the war using the PESTLE method. The main political, economic, social, technological, legal and environmental factors that slow down the development of residential construction at present have been identified. It is important to determine the factors affecting the volume of housing construction. The obtained results indicate that the terrorist attacks on the territory of Ukraine have the greatest impact, so the end of the war will allow us to move on to the reconstruction/construction of housing in Ukraine. The conducted analysis of housing construction in Ukraine confirms that during the war in the country there is a tendency of stagnation of its capacity according to the main indicators. It should also be taken into account that during the military operations there was significant destruction and damage to housing, when not individual floors/houses are subject to restoration, but entire cities, which will also affect the growth of housing construction in Ukraine in the post-war period. Increasing consumer income, providing housing for IDPs, increasing investment in housing construction, reducing interest rates on mortgage loans and deposit rates in foreign currency, increasing the volume of consumer loans for the purchase, construction and reconstruction of real estate, are the main directions of state support during the war. The further development of housing construction requires a systematic approach within the framework of the Recovery Plan of Ukraine with international financial and technical assistance. After all, one of the conditions for joining the EU is bringing the requirements for the environmental friendliness of housing and construction into compliance with the spatial development of territories in Ukraine.

Last modified: 2023-10-04 17:04:37