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Housing Construction-2020: Nationalization or Turning the Wheel of the Market Cycle?

Georgy N. Malginov – Head of Ownership and Corporate Governance Department of the Gaidar Institute for Economic Policy; Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-mail: malginov@ieр.ru

Sergey G. Sternik – Professor of Department for Corporate Finance and Corporate Governance of the Financial University under the Russian Government; Senior Researcher of the Gaidar Institute for Economic Policy, Doctor of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The article examines the main economic and institutional trends in the Russian real estate market in 2020, and the impact of the state’s anti-crisis policy on it.

Key words: housing construction, housing, escrow accounts, pandemic.

JEL-codes: H12, L74, O18, R21, R31.