Litvinenko Ekaterina V. – Teaching Assistant of the Chair of High-quality Production Economy (Saint-Petersburg State University of Aerospace Instrumentation, The Institute of Entrepreneurship Technologies, Saint-Petersburg)
The author discusses a major scheme of financing residential housing at the expense of the citizens – mortgage loans. She also demonstrates disadvantages of the existing instrument of financing the residential housing and proposes a better scheme of financing an apartment block construction at the expense of the citizens, a scheme that enables to solve certain problems in the housing sector of the country’s economy. This article may be of use for the banks, construction companies and other organizations that interact with citizens as for the financing of accommodation facilities.
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