According to statistics, about 11% of families in the Russian Federation live in rental housing. In the Far East this number is slightly higher, about 14%. However, we know that in other countries rental housing takes up a much higher share – from 30% to 50%. In large cities such as Berlin, the share of rental housing reaches 80%. In Russia, we have our own history of mass privatization, so rental housing is not as widespread. Nevertheless, we see the potential for this market to grow by at least two times — Veronica Janushkevich, Director for Rental Housing Development, DOM.RF.
Polls show that 60% of the Russian Federation's residents are ready to come and work in the Far East for different time periods: a year, two years, someone is ready to consider long-term prospects for development in the territory. But they expect certain conditions to be created: a place to live, social infrastructure. This is why we see rental housing as an important solution to the second stage of the development of the Far East. The first stage is to rev up the economic engine, which has created these jobs and launched the economy. Rental housing is key to the entire Far East development cycle we are working on — Elvira Nurgalieva, First Deputy General Director for Social Development, Corporation for the Development of the Far East and the Arctic.
Businesses today is interested in this niche (rental housing for students – Ed.). As I said, there are 50,000 students in HSE. And in other regions, I think the number of students is also in the tens of thousands. These are the new city residents. And it is a good market, an advanced market for investment — Veronika Minina, Vice-Rector, National Research University Higher School of Economics.
In the Far East, 47 percent of people are not able to come up with the down payment and service the loan even with a 0% interest rate. This must be resolved somehow: people want to improve their housing conditions. This is the first message. The second is that there is a lot of migration, especially among young people. Young families want to live today <...> they have families because of the housing conditions, we must give them this opportunity. And the third message. We are looking at 200 million square meters that are now rented. People are leasing. This business works <...> And as a business, it must be developed — Vitaly Mutko, Chief Executive Officer, DOM.RF.
The development of the Far East began at a rapid pace in 2013, ever since the decision was made to create the Ministry. During this time, the federal laws on the Free Port of Vladivostok, the territories of advanced development, and these special preferential regimes have allowed a number of enterprises to create new production facilities <...> During this time, more than 2,700 new enterprises, residents of FPV and ASEZs were created, and these enterprises created 105,000 new jobs during this period. And we are waiting for another 50,000 jobs by 2024 under binding agreements with the residents <...> All these unique enterprises in the Far East require unique specialists. And for them to come to the Far East, to work in the conditions that do not look like a shift crew <...> it is important to create conditions that can attract these professionals, can help implement these enterprises, and possibly make them fall in love with the region, keep these people in the territory, and allow them to develop these enterprises — Elvira Nurgalieva, First Deputy General Director for Social Development, Corporation for the Development of the Far East and the Arctic.