Major overhaul of housing stock in economic and social terms

Abstract

The article considers the state of Russia’s housing stock and peculiarities of existing schemes of accumulating finances for a major overhaul of apartment houses. The questions of the efficiency of the use of funds attracted from various sources of financing, and the social consequences of increase in population’s expenses for housing and communal services due to the introduction of mandatory payments for major overhaul have been discussed. An alternative way to finance the major overhaul has been proposed.