IMPROVEMENT OF THE INVESTMENT ENVIRONMENT IN THE FIELD OF HOUSING FUND DEVELOPMENT IN UKRAINE

Authors

DOI:

https://doi.org/10.31891/mdes/2023-7-26

Keywords:

housing fund, housing construction, housing market, state policy, investments, investment environment

Abstract

The article draws attention to the problems of the state policy of ensuring the development of the housing stock in Ukraine.

The purpose of the research is to develop recommendations for the state policy of improving the investment environment in the field of development of the country's housing stock.

It was concluded that the residential construction market, despite its high commercial and investment attractiveness, is very complex from the point of view of state regulation. Here on the scales are the solution of acute social problems, and strict control over the quality and standards of construction and commissioning of housing, and large investments, capital circulation, respectively, all issues related to the payment of taxes, capital management, including its deshadowing, etc.

Problematic aspects, as well as obstacles to increasing investment activity in the field of housing construction, are characterized. The factors and conditions for improving the investment environment in the housing construction sector of Ukraine are determined. Directions are outlined, as well as a set of measures that should be implemented in Ukraine to improve the investment environment in the field of housing development in Ukraine.

It has been proven that in order to regulate the economic structure, as well as to activate economic activity in the housing construction sector of Ukraine, the state needs to develop and implement an effective investment strategy with a vision of the stages of investment strategy formation in the housing construction sector of Ukraine, which will contribute to the improvement of operational and tactical management of investment resources in this area.

It was established that the main directions of the state investment policy should be tax incentives for investments, the use of accelerated depreciation, the creation of stable conditions for foreign investors, the maintenance of innovative activities and the promotion of scientific and technical progress in the system of the country's construction complex and housing construction in particular.

References

Zyanko, V., Nechyporenko, T., Waldschmidt, I. (2021). Trends and modern shifts in the investment environment in the residential real estate market. Innovation and Sustainability. no. 1. P. 40–45.

Voznyuk, M., Sadovyak, M. (2016). Modern features of investing in the field of housing construction. Socio-economic problems of the modern period of Ukraine. Issue 2(118). P. 57–60.

Kuznetsova, A., Shteinhaus, D. (2020). The real estate market: its essence and role in financial and investment processes. Socio-Economic Relations in the Digital Society. no. 1 (37). P. 3–12.

Vasyltsiv, T. G., Klipkova, O. I., Lupak, R. L., Mitsenko, N. G., Mishchuk, I. P. (2019). Monetary and financial policy of Ukraine: theoretical-empirical connections and priorities of state regulation. Financial and credit activity: problems of theory and practice. Vol. 4. no. 31. P. 320–330.

Bohdanenko, A. I. (2019). Formation of the system of investment activity in housing construction. Expert: paradigms of legal sciences and public administration. no. 1(3). P. 175–186.

Malyar, S. A. (2022). Formation of the organizational and economic mechanism for the development of the housing stock. Herald of Khmelnytskyi National University. Economic sciences. no. 1. P. 305–309.

Zayats, V. S. (2019). Development of residential construction as a factor in the formation of living conditions of the population. Demography and social economy. no. 2(3). P. 137–151.

Eliseeva, L. (2022). Peculiarities of housing market development in Ukraine: micro- and macroeconomic aspects. Economic analysis. Vol. 32. no. 3. P. 80–85.

Prokhorova, V., Mushnikova, S. (2021). State regulation of housing construction investment activity: a risk-preventive approach. Adaptive management: theory and practice. Economy series. Issue 10(20). URL : https://amtp.org.ua/index.php/journal2/article/view/386/336.

Sadovyak, M. S. (2019). Regulation of development of investment and construction activity in Ukraine: organizational and legal aspect. Economic analysis. no. 1. Vol. 29. P. 92–100.

Kravchenko, V. I. (2019). Housing economy of Ukraine: problems of theory and practice. Investments: practice and experience. no. 15. P. 5–12.

Vasyltsiv, T. G., Flejchuk, M. I., Lupak, R. L. (2017). Priorities and means of state policy to ensure economic security of the development of the domestic market in Ukraine. Bulletin of the Lviv University of Trade and Economics. Economic sciences. Issue 53. P. 10–19.

Myroshnychenko, A. V. (2021). Institutional and legal support of the main principles of state housing policy in Ukraine. Academic notes of TNU named after V.I. Vernadskyi. Series: Public administration. Vol. 32 (71). no. 6. P. 30–36.

State Statistics Service of Ukraine. URL: http://www.ukrstat.gov.ua.

Published

2023-03-30

How to Cite

YEPIFANOVA І. . (2023). IMPROVEMENT OF THE INVESTMENT ENVIRONMENT IN THE FIELD OF HOUSING FUND DEVELOPMENT IN UKRAINE. MODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS, (1), 185–193. https://doi.org/10.31891/mdes/2023-7-26