Technology for assessing the efficiency of housing fund reproduction

Abstract

In the article, the author presents an original technology for assessing the efficiency of housing fund reproduction. According to the presented methodology, the author suggests assessing the efficiency of housing fund reproduction based on two aspects: first, the indicator of condition, which is an integral indicator determined based on a group of aggregated indicators related to main directions of housing market development; second, the indicator of dynamics – a growth coefficient calculated as a geometric mean of growth coefficients in social, technical, investment and market indicators. To interpret and visualize obtained data concerning integral indicators assessing the efficiency of housing fund reproduction, the author has upgraded the Harrington scale by supplementing it with values of the reviewed ranges of the average growth coefficient, which characterizes the pace of housing fund reproduction. This upgrade has allowed the author to transform the scale into a two-dimensional matrix and to highlight efficiency areas in it, namely high, above-average, below-average and low, which are recommended for the assessment of reproductive activities on federal, regional and municipal levels. The visualization has helped the author build a development trajectory for housing fund reproduction within certain chronological frames based on the aggregate of objects under study.