Socio-economic Aspects of Intra-regional Distribution of Government Support of Housing Construction Industry

The article discusses interrelationship between government support measures to multi-family housing construction industry (MFC) implemented by the government of Russian Federation during the crisis and potential socio-economic effects of such support as well as the prospects of reaching the goals of the National project “Housing and urban environment”. Our hypothesis regarding the levels of support measures for housing sector for different regions is that it needs to be synchronized with the size of the clusters (defined as Russian regions or subjects of Russian Federation) and their respective forecast of economic development. Based on our analysis, we conclude that this requirement is not fulfilled, which results in skewed support for housing construction companies (and their projects) in only a handful of Russian regions thereby posing risks of reaching goals of National project “Housing and urban environment”. We also expect that the government will continue expanding the measures of housing construction support with a potential of an increased housing sector centralization.