Research on Supply and Demand in the Primary Housing Market by Structurizing on the Basis of the Number of Apartments and Bedrooms

Abstract

All the household sector throughout the Russian Federation needs to improve housing facilities. The objective of an optimally organized economic system of a state is to provide a state or market possibility for all the categories of citizens to meet their demand for housing. The aim of the research is to identify the necessary structure of market housing supply in terms of number of bedrooms. The supply and demand in the first housing market are analyzed in order to substantiate the developers’ shaping of the housing supply strategy. Structurizing on the basis of the number of apartments and bedrooms is emphasized. As a part of the research, the problem of finding the optimal living area allocated for apartments with different number of bedrooms was formalized and solved. Due to the solution, developers will be able to create a housing proposal, taking into account the number of bedrooms, аnd state government bodies will be able to plan construction orders for citizens supported by the government more accurately. It was recommended to include the calculation of the indicator «number of bedrooms per each member of the family» into the methods of calculating target indicators of the state program for the Irkutsk region «Available Housing» for 2019–2024 (into Part 3 «Target Indicators of the Subprogram «Housing Construction Support in the Irkutsk Region» for 2019–2024»).