Analysis of the factors of housing cost formation during the transition to project financing of housing construction

The article considers the current problems of financing the housing construction in Russia from the perspective of its development, and emphasizes the social component, specifically the possible affordability of housing for the population. They have authors identified the main problems in the field of housing construction related to the imperfection of financial mechanisms, the difficulty of attracting investors, and low affordability of housing for the population due to its high cost. A review of the methods of financing the housing construction most frequently used in Russian practice has been made. The problems of participatory construction as the main form of financing the housing construction in the regions have been considered. The withdrawal from participatory construction and transition to project financing of the housing construction as the least risky option to purchase housing have been justified. The positive and negative consequences of this step have been considered with regard to the possible rise in cost of housing in the primary market. A correlation analysis of the market value of housing has been carried out, and factors affecting its formation have been identified, using the example of the Chelyabinsk Region. Recommendations have been developed on reducing the cost of construction being the main factor affecting the formation of housing prices. The forecast of changes in the price of the residential real estate has been made, which allows to take into account any number of factors that affect the base indicator.