How do Housıng Market and Mortgage Solve. The Housıng Problem in the Regıons of Russıa?

Today in Russia solving of the housing problem is one the focuses of social and economic development. The country has large territory and characteristics of its regions are different, so the regional specifics should be taken into account in the housing problem solving. The objective of current research is to identify the specifics in the development of regional housing markets and mortgage lending in the regions of Russia and to assess their impact on the status of the housing problem. The research was implemented by the use of qualitative and quantitative methods including structural and dynamic analysis, typologization and elements of correlation analysis based on the data of state statistics. In the paper, the regional aspect of the housing problem was studied, the results of mortgage crediting development were examined, the situation in the housing market was described. The principal conclusion is that in spite of significant difference in their quantitative characteristics, neither housing market nor mortgage became the key tools for solving the housing problem in regions and should be considered as such tools in future.