Urban Housing Construction: International Experience of Investment Attraction

Abstract

The main hurdle for the expansion of housing construction is the lack of financial resources at the beginning of the investment cycle, thus making it necessary to borrow and take out loans. Housing construction is extensive in developed countries due to well-established and reliable investment mechanisms, primarily through bank loans. Conversely, funds are lent in Russia at high interest rates, while weak risk management technologies and loopholes in the assessment of technical factors of investment construction projects restrict possibilities of domestic banks. The study aims to analyze international experience of drawing investment in urban housing construction. In the article, we analyzed scientific books about how to draw investment in housing construction. We have determined main features of investment models for housing construction and investment models for housing construction that are in use abroad.