CLASSIFICATION AND STRUCTURE OF THE MODERN REAL ESTATE MARKET AS A COMPONENT OF THE FINANCIAL MARKET

Keywords: real estate, real estate market, real estate market structure, financial market

Abstract

The real estate market is one of the most significant segments of the financial market and is an important part of the system of economic relations of any country. The changes taking place in connection with Ukraine’s integration into the European Union and the world community are catalysts for organizational and legal transformations in the country, in particular, regarding issues related to the further development of the real estate market as a component of the financial market. The article is devoted to the study of the structure of the real estate market as a component of the financial market with the selection of classification features, as well as the generalization and addition of existing classification objects of real estate. An analysis of the existing classifications of real estate objects on various grounds was carried out. As a result, it was established that the classification of real estate objects contributes to more effective research of the real estate market, as well as facilitates the development and use of methods for estimating the value of various categories of real estate. Based on the results of the analysis of domestic and foreign scientific works, the article proposes its own structure of the real estate market, which allows you to clearly define the object of research and evaluation, simplifies the development of the evaluation methodology of various real estate objects and different sectors of the real estate market. The trends that are characteristic of the development of the modern real estate market have been determined and it has been established that they are closely interconnected at different levels of their formation. Attention is focused on the classification of the real estate market according to the method of use, in particular, the essence and meaning of income (profitable) real estate is considered in detail. The factors that negatively affect the effective development of the real estate market as a component of the financial market are summarized. It has been established that today the main such factor is the introduction and operation of martial law in the country. It was determined that for the further development of the real estate market, an important factor is the provision of purposeful actions of the state to create a legal field, which would be used to effectively regulate professional participants in the real estate market, who direct their activities to the creation and development of real estate objects.

References

Асаул А.М., Брижань І.А., Чевганова В.Я. Економіка нерухомості. Київ : Лібра, 2004. 304 с.

Воронченко О.В. Теоретичні аспекти функціонування та розвитку ринку нерухомості. Інвестиції: практика та досвід. 2010. № 2. С. 33–36.

Григор’єв В.В. Оцінка об’єктів нерухомості : підручник. Київ : Вища школа, 2008. 105 с.

Давиденко Н.М. Оцінка інвестиційної привабливості регіону в умовах сучасних викликів. Економічний форум. 2017. № 2. С. 86–93. DOI: https://doi.org/10.32782/2524-0072/2023-48-34

Давиденко Н.М., Воронченко О.В. Сутність та закономірності розвитку ринку нерухомості в Україні. Інвестиції: практика та досвід. 2017. № 21. С. 5–7.

Красневич О.А., Павлов К.В., Ющак А.В. Теоретичні аспекти дослідження ринку житлової нерухомості України під час воєнної економіки. Економіка та суспільство. 2023. № 48. DOI: https://doi.org/10.32782/2524-0072/2023-48-34

Петраковська О.С., Тацій Ю.О. Світовий досвід застосування різних прав власності на нерухомість. Наукові праці Донецького національного технічного університету. Серія гірничо-геологічна. 2010. Вип. 12. С. 164–169.

Фінансовий ринок: підруч.: у 2-х т. / кер. авт. кол. і наук. ред. Ю.М. Коваленко. Ірпінь: УДФСУ, 2018. Т. 1. 442 с.

Asaul, A.M., Bryzhan, I.A., Chevhanova, V.Ia. (2004). Ekonomika nerukhomosti [Real estate economics]. Kyiv: Libra.

Voronchenko, O.V. (2010). Teoretychni aspekty funktsionuvannia ta rozvytku rynku nerukhomosti [Тheoretical aspects of functioning and development of the real estate market]. Investytsii: praktyka ta dosvid, 2, 33–36.

Hryhoriev, V.V. (2008). Otsinka obiektiv nerukhomosti [Valuation of real estate objects]. Kyiv: Vyshcha shkola.

Davydenko, N.M. (2017). Otsinka investytsiinoi pryvablyvosti rehionu v umovakh suchasnykh vyklykiv [Evaluation of the investment attractiveness of the region in the conditions of modern challenges]. Ekonomichnyi forum, 2, 86–93. DOI: https://doi.org/10.32782/2524-0072/2023-48-34

Davydenko, N.M., Voronchenko, O.V. (2017). Sutnist ta zakonomirnosti rozvytku rynku nerukhomosti v Ukraini [The essence and regularities of the development of the real estate market in Ukraine]. Investytsii: praktyka ta dosvid, 21, 5–7.

Krasnevych, O.A., Pavlov, K.V., Yushchak, A.V. (2023). Teoretychni aspekty doslidzhennia rynku zhytlovoi nerukhomosti Ukrainy pid chas voiennoi ekonomiky [Theoretical aspects of the study of the residential real estate market of Ukraine during the war economy]. Ekonomika ta suspilstvo, 48. DOI: https://doi.org/10.32782/2524-0072/2023-48-34

Petrakovska, O.S., Tatsii, Yu.O. (2010). Svitovyi dosvid zastosuvannia riznykh prav vlasnosti na nerukhomist [World experience of applying different ownership rights to real estate]. Naukovi pratsi Donetskoho natsionalnoho tekhnichnoho universytetu. Seriia hirnycho-heolohichna, 12, 164–169.

Kovalenko, Yu.M (Eds.). (2018). Finansovyi rynok [The financial market]. Irpin: UDFSU.

Article views: 76
PDF Downloads: 46
Published
2023-11-28
How to Cite
Kliuchka, O., & Lisovska, A. (2023). CLASSIFICATION AND STRUCTURE OF THE MODERN REAL ESTATE MARKET AS A COMPONENT OF THE FINANCIAL MARKET. Economy and Society, (57). https://doi.org/10.32782/2524-0072/2023-57-119
Section
FINANCE, BANKING AND INSURANCE